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Parker-Hannifin's Fiscal Q4 Adjusted Earnings, Revenue Rise; Provides Fiscal 2025 Guidance
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Parker-Hannifin's Fiscal Q4 Adjusted Earnings, Revenue Rise; Provides Fiscal 2025 Guidance
Aug 8, 2024 5:27 AM

07:46 AM EDT, 08/08/2024 (MT Newswires) -- Parker-Hannifin ( PH ) reported fiscal Q4 adjusted earnings Thursday of $6.77 per diluted share, up from $6.08 a year earlier.

Analysts polled by Capital IQ expected $6.22.

Revenue for the quarter ended June 30 was $5.19 billion compared with $5.10 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.08 billion.

The company expects fiscal 2025 adjusted diluted earnings of $26.30 to $27 per share. Analysts surveyed by Capital IQ expect $26.26. The company expects sales growth of 1.5% to 4.5% for the year. Analysts polled by Capital IQ expect $20.55 billion.

Price: 545.68, Change: +33.18, Percent Change: +6.47

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