secwatch.observer — SEC 8-K summary
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Issuer:     Parker-Hannifin Corp (PH)
CIK:        0000076334
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0000076334-24-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parker-Hannifin reports record Q3 sales $5.07B; adjusted EPS up 10% to $6.51; raises FY guidance
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- Record Q3 sales $5.07B, organic sales up 1%; segment operating margin 24.7% adjusted, +150bps.
- Adjusted EPS $6.51 (record), +10% YoY; net income $726.6M GAAP.
- Aerospace Systems sales +18% to $1.4B, adjusted op margin 26.7% (+320bps).
- FY2024 guidance raised: adjusted EPS $24.65-$24.85, adjusted segment op margin ~24.6%.
- Record YTD operating cash flow $2.1B, up 20%; orders flat overall, aerospace +15%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76334/000007633424000017/0000076334-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76334/000007633424000017/ph-20240502.htm
  HTML page:      https://secwatch.observer/filing/0000076334-24-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer