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Parker-Hannifin Fiscal Q2 Adjusted Earnings Rise, Sales Decline; Adjusts Full Year Guidance
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Parker-Hannifin Fiscal Q2 Adjusted Earnings Rise, Sales Decline; Adjusts Full Year Guidance
Jan 30, 2025 5:41 AM

08:17 AM EST, 01/30/2025 (MT Newswires) -- Parker-Hannifin ( PH ) reported fiscal Q2 adjusted earnings Thursday of $6.53 per diluted share, up from $6.15 a year earlier.

Analysts polled by FactSet expected $6.24.

Net sales for the quarter ended Dec. 31 were $4.74 billion, down from $4.82 billion a year earlier.

Analysts surveyed by FactSet expected $4.81 billion.

Parker-Hannifin ( PH ) said it now expects fiscal 2025 adjusted EPS of $26.40 to $27.00, compared to the company's prior outlook of $26.35 to $27.05.

Analysts surveyed by FactSet expect $26.77.

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