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

Parker-Hannifin (NYSE: PH) reported Q2 EPS of $4.46, $0.54 better than the analyst estimate of $3.92. Revenue for the quarter came in at $3.82 billion versus the consensus estimate of $3.72 billion.

GUIDANCE:

Parker-Hannifin sees FY2022 EPS of $17.80-$18.30, versus the consensus of $17.63. Guidance assumes organic sales growth of approximately 10% to 12% compared with the prior year.

For earnings history and earnings-related data on Parker-Hannifin (PH) click here.

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