secwatch.observer — SEC 8-K summary
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Issuer:     Parker-Hannifin Corp (PH)
CIK:        0000076334
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0000076334-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parker-Hannifin reports record Q2 adj. EPS $6.15, +29% YoY; raises FY2024 outlook
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- Sales $4.8B (+3% YoY); net income $681.9M vs $395.2M; adjusted EPS $6.15, +29%.
- Segment adjusted operating margin record 24.5%, up 300 bps; aerospace margin +590 bps.
- Aerospace Systems sales +15% to $1.3B; operating income surged to $263.1M from $8.8M.
- FY2024 outlook raised: adj. EPS $23.90-$24.50, adj. segment margin 24.1%-24.5%.
- Orders total +2%; aerospace +21% (rolling 12mo); NA industrial -4%, Intl -5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76334/000007633424000004/0000076334-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76334/000007633424000004/ph-20240201.htm
  HTML page:      https://secwatch.observer/filing/0000076334-24-000004

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