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Parker-Hannifin Corporation (NYSE:PH ) Q3 2024 Earnings Conference Call May 2, 2024 11:00 AM ET Company Participants Jennifer Parmentier - Chairman and CEO Todd Leombruno - EVP and CFO Conference Call Participants Scott Davis - Melius Research Andrew Obin - Bank of America David Raso - Evercore ISI Joe Ritchie - Goldman Sachs Jamie Cook - Truist Securities Nathan Jones - Stifel Julian Mitchell - Barclays Mig Dobre - Baird Jeffrey Sprague - Vertical Research Partners Joe O'Dea - Wells Fargo Joe Giordano - TD Cowen Brett Linzey - Mizuho Nigel Coe - Wolfe Research Operator Greetings. Welcome to Parker-Hannifin Corporation's Fiscal 2024 Third Quarter Earnings Conference Call and Webcast.

Parker-Hannifin's (PH) fiscal third-quarter revenues inch up 0.3% year over year, driven by 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 March 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 $6.51 per share, beating the Zacks Consensus Estimate of $6.10 per share. This compares to earnings of $5.93 per share a year ago.

Parker-Hannifin's (PH) fiscal third-quarter performance is expected to have gained from solid demand for its products across the aerospace, oil & gas and agriculture end markets.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Parker-Hannifin (PH), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.

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, April 22, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2024 third quarter earnings before the market opens on Thursday, May 2, 2024, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2024 third quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker's investor information 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.