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

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Parker Reports Fiscal 2022 First Quarter Results

November 4, 2021 7:30 AM EDT

First quarter records for sales, segment operating margins, net income and EPSSales increased 17% to $3.76 billion, organic sales increased 16%Segment operating margin was 19.7% as reported, or 22.0% adjustedNet income was $451.2 million; EPS was $3.45 as reported, or $4.26 adjustedEBITDA margin was 20.6% as reported, or 22.1% adjustedCompany increases fiscal 2022 EPS guidance

CLEVELAND, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2022 first quarter ended September 30, 2021. Fiscal 2022 first quarter... More