Parker-Hannifin (PH) Tops Q2 EPS by 30c, Updates Guidance

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Go back to Parker-Hannifin (PH) Tops Q2 EPS by 30c, Updates Guidance

Parker Reports Fiscal 2023 Second Quarter Results

February 2, 2023 7:30 AM EST

Record sales, record adjusted net income and record adjusted EPSSales increased 22% to $4.67 billion; organic sales increased 10%Total segment operating margin was 15.3%, or 21.5% adjustedNet income was $395.2 million, or $618.9 million adjustedEBITDA margin was 19.1%, or 22.4% adjustedEPS were $3.04, or $4.76 adjustedCompany increases full year organic growth and adjusted EPS guidance

CLEVELAND, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today... More