Parker Reports Fiscal 2022 First Quarter Results

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Go back to Parker Reports Fiscal 2022 First Quarter Results

Parker-Hannifin (PH) PT Raised to $380 at Jefferies

November 5, 2021 8:35 AM EDT

Jefferies analyst Stephen Volkmann raised the price target on Parker-Hannifin (NYSE: PH) to $380.00 (from $375.00) while maintaining a Buy rating.

The analyst commented, "Parker posted the strongest quarter we have seen during this long industrials earnings season, with both revenue and margin ahead of... More

Parker-Hannifin (PH) Tops Q1 EPS by 58c, Offers Guidance

November 4, 2021 7:48 AM EDT

Parker-Hannifin (NYSE: PH) reported Q1 EPS of $4.26, $0.58 better than the analyst estimate of $3.68. Revenue for the quarter came in at $3.76 billion versus the consensus estimate of $3.64 billion.

GUIDANCE:

Parker-Hannifin sees FY2022 EPS of $16.95-$17.65, versus the consensus of... More