08:10 AM EDT, 10/31/2024 (MT Newswires) -- Parker-Hannifin ( PH ) reported fiscal Q1 adjusted earnings Thursday of $6.20 per diluted share, up from $5.96 a year earlier.

Analysts polled by Capital IQ expected $6.14.

Net sales for the quarter ended Sept. 30 was $4.9 billion compared with $4.85 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.9 billion.

The company now expects higher fiscal 2025 adjusted diluted earnings of $26.35 to $27.05 per share, from previous guidance of $26.30 to $27. Analysts polled by Capital IQ expect $26.76.

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