Parker-Hannifin (PH) Tops Q3 EPS by 91c; raises guidance

Parker-Hannifin (NYSE: PH) reported Q3 EPS of $5.93, $0.91 better than the analyst estimate of $5.02. Revenue for the quarter came in at $5.1 billion versus the consensus estimate of $4.78 billion.

GUIDANCE:

Parker-Hannifin sees FY2023 EPS of $20.60-$20.90, versus the consensus of $19.66.

The company expects fiscal 2023 organic sales growth to be approximately 10%

For earnings history and earnings-related data on Parker-Hannifin (PH) click here.

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