Parker-Hannifin (PH) Tops Q3 EPS by 39c, Offers Guidance

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Parker Reports Fiscal 2024 Third Quarter Results

May 2, 2024 7:30 AM EDT

Sales were a record at $5.07 billion; organic sales increased 1%Segment operating margin was 21.5%, or a record 24.7% adjusted, an increase of 150 basis pointsEPS were $5.56, or a record $6.51 adjusted, an increase of 10%Company increases outlook for segment operating margin and EPS2024 Investor Meeting scheduled for May 16 at 2 p.m. Eastern time

CLEVELAND, May 02, 2024 (GLOBE... More