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PH's fiscal second-quarter sales increase 1.6% year over year, driven by the impressive performance of the Aerospace Systems segment.
Although the revenue and EPS for Parker-Hannifin (PH) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Parker-Hannifin (PH) came out with quarterly earnings of $6.53 per share, beating the Zacks Consensus Estimate of $6.22 per share. This compares to earnings of $6.15 per share a year ago.
CLEVELAND, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the quarter ended December 31, 2024, that included the following highlights (compared with the prior year quarter): Fiscal 2025 Second Quarter Highlights: Sales were $4.7 billion; organic sales growth was 1% Net income was $949 million, an increase of 39%, or $853 million adjusted, an increase of 6% EPS were $7.25, an increase of 39%, or $6.53 adjusted, an increase of 6% Segment operating margin was 22.1%, an increase of 100 bps, or 25.6% adjusted, an increase of 110 bps YTD cash flow from operations increased 24% to $1.7 billion, or 17.4% of sales “Our performance this quarter reflects our focus on operational excellence and the strength of our balanced portfolio,” said Jenny Parmentier, Chairman and Chief Executive Officer. “We delivered record segment operating margin across all businesses, record earnings per sh
PH's fiscal Q2 results are likely to benefit from strength in the commercial and military end markets. Weakness in the off-highway and transportation end markets is likely to have been a woe.
CLEVELAND, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of $1.63 per share of common stock to shareholders of record as of February 7, 2025. The dividend is payable March 7, 2025.
Parker-Hannifin (PH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CLEVELAND, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2025 second quarter earnings before the market opens on Thursday, January 30, 2025, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2025 second quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker's investor website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later that day.
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Parker-Hannifin (PH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.