Parker-Hannifin (PH) Tops Q2 EPS by 54c

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Parker Reports Fiscal 2022 Second Quarter Results

February 3, 2022 7:30 AM EST

Sales increased 12% to a second quarter record at $3.82 billion, organic sales increased 13%Segment operating margin was a second quarter record at 19.4% as reported, or 21.6% adjustedNet income was $387.6 million; EPS was $2.97 as reported, or $4.46 adjustedSecond quarter EBITDA margin was 18.2% as reported, or 22.7% adjustedCompany increases fiscal 2022 EPS guidance

CLEVELAND, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2022 second quarter ended December 31, 2021. Fiscal 2022 second quarter sales were a second... More