Parker Hannifin Q3 2024 Adj EPS $6.51 Beats $6.12 Estimate, Sales $5.07B Beat $5.06B Estimate
Portfolio Pulse from Benzinga Newsdesk
Parker Hannifin reported Q3 2024 adjusted EPS of $6.51, surpassing the $6.12 estimate, with sales of $5.07B also beating the $5.06B estimate, marking a 0.18% increase over the previous year.

May 02, 2024 | 11:33 am
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Parker Hannifin's Q3 2024 earnings surpassed expectations with an adjusted EPS of $6.51 and sales of $5.07B, indicating a positive performance trend.
Beating both EPS and sales estimates typically indicates a company's strong performance and operational efficiency, which can positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 95
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RELEVANCE 100