Parker Reports Fiscal 2022 Fourth Quarter and Full Year Results and Issues Guidance for Fiscal 2023

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Parker-Hannifin (PH) Tops Q4 EPS by 48c

August 4, 2022 7:32 AM EDT

Parker-Hannifin (NYSE: PH) reported Q4 EPS of $5.16, $0.48 better than the analyst estimate of $4.68. Revenue for the quarter came in at $4.19 billion versus the consensus estimate of $4.07 billion.

Outlook:

Parker announced its outlook for the fiscal year ending June 30, 2023 and noted that its outlook excludes the pending acquisition of Meggitt plc. The company expects fiscal 2023 organic sales growth to be... More