Parker Sees FY25 Adj. EPS $26.35-$27.05 Vs $26.76 Estimate
Portfolio Pulse from Benzinga Newsdesk
Parker Hannifin Corporation has released its forecast for the fiscal year 2025, projecting adjusted earnings per share (EPS) between $26.35 and $27.05. This range is slightly below the current market estimate of $26.76.
October 31, 2024 | 11:33 am
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Parker Hannifin's FY25 adjusted EPS forecast of $26.35-$27.05 is slightly below the market estimate of $26.76, which may lead to a neutral to slightly negative short-term impact on the stock price.
The forecasted EPS range is slightly below the market estimate, which could lead to a negative sentiment among investors. However, the difference is not substantial, so the impact might be limited.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100