What to Expect from Parker Hannifin's Earnings
Portfolio Pulse from Benzinga Insights
Parker Hannifin is set to release its quarterly earnings report on October 31, 2024, with analysts estimating an EPS of $6.14. The company's past performance shows a tendency for slight stock price increases following earnings beats. Analysts rate Parker Hannifin as 'Outperform' with a potential 7.92% upside, highlighting its strong revenue growth and profitability compared to peers.
October 30, 2024 | 5:03 pm
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Parker Hannifin is expected to report an EPS of $6.14. Analysts rate it 'Outperform' with a potential 7.92% upside. Past earnings beats have led to slight stock price increases. Investors should focus on the company's guidance for future growth.
Parker Hannifin's upcoming earnings report is highly anticipated, with analysts expecting an EPS of $6.14. The company's past performance shows that earnings beats have led to modest stock price increases. The 'Outperform' rating and potential upside suggest positive sentiment. However, the guidance provided during the earnings call will be crucial in determining the stock's short-term movement.
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