Parker Hannifin Q4 2024 Adj. EPS $6.77 Beats $6.22 Estimate, Sales $5.200B Beat $5.082B Estimate
Portfolio Pulse from Benzinga Newsdesk
Parker Hannifin (NYSE:PH) reported Q4 2024 adjusted EPS of $6.77, beating the $6.22 estimate. Sales were $5.200 billion, surpassing the $5.082 billion estimate and showing a 2.04% increase from the same period last year.
August 08, 2024 | 11:31 am
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POSITIVE IMPACT
Parker Hannifin reported strong Q4 2024 results with EPS of $6.77 beating estimates by 8.84% and sales of $5.200 billion exceeding expectations by 2.33%.
The company's strong earnings and sales performance, beating analyst estimates, is likely to positively impact the stock price in the short term. The 2.04% YoY sales increase further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100