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

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

August 4, 2022 7:30 AM EDT

Fiscal 2022 Fourth Quarter Highlights:
- Sales increased 6% to a record of $4.19 billion; organic sales increased 10%
- Total segment operating margin was 20.9%, or a record 22.9% adjusted
- EPS were $0.99, or a record of $5.16 adjusted

Fiscal 2022 Full Year Highlights:
- Sales increased 11% to a record of $15.86 billion; organic sales increased 12%
- Total segment operating margin was 20.1%, or a record 22.3% adjusted
- EPS were $10.09, or a record of $18.72 adjusted

CLEVELAND, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:... More