CLEVELAND, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced it has completed the previously announced divestiture of its North America Composites and Fuel Containment (CFC) Division to private investment firm SK Capital Partners.  “We are pleased to have completed this sale for the North America Composites and Fuel Containment Division,” said Jenny Parmentier, Chairman and Chief Executive Officer. “One element of ...

Parker-Hannifin Corporation (NYSE:PH) Q1 2025 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Todd Leombruno - Chief Financial Officer Jenny Parmentier - Chairman & Chief Executive Officer Conference Call Participants Jamie Cook - Truist Securities David Raso - Evercore ISI Matt Laflash - Barclays Nathan Jones - Stifel Joe O'Dea - Wells Fargo Vivek Srivastava - Goldman Sachs Andrew Obin - Bank of America Nigel Coe - Wolfe Research Jeff Sprague - Vertical Research Partners Joe Gio ...

Parker Hannifin Corporation Fiscal 2025 First Quarter Earnings Presentation Parker PH LISTED NYSE ENGINEERING YOUR SUCCESS. October 31, 2024 Forward-Looking Statements and Non-GAAP Financial Measures Forward-looking statements contained in this and other written and oral reports are made based on known events and circumstances at the time of release, and as such, are subject in the future to unforeseen uncertainties and risks. Often but not always, these statements may be identified from the use of forward- ...

Parker-Hannifin Corporation (PH) reported first-quarter fiscal 2025 (ended Sept. 30, 2024) adjusted earnings (excluding 86 cents from non-recurring items) of $6.20 per share, which beat the Zacks Consensus Estimate of $6.13. The bottom line jumped 4% year over year.Total sales of $4.9 billion missed the consensus estimate of $4.91 billion. The top line increased 1.2% year over year. Strength across businesses and transformed portfolio drove the top line. Organic sales grew 1.4% year over year. Orders grew 1 ...

For the quarter ended September 2024, Parker-Hannifin (PH) reported revenue of $4.9 billion, up 1.2% over the same period last year. EPS came in at $6.20, compared to $5.96 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $4.91 billion, representing a surprise of -0.04%. The company delivered an EPS surprise of +1.14%, with the consensus EPS estimate being $6.13.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Parker-Hannifin (PH) came out with quarterly earnings of $6.20 per share, beating the Zacks Consensus Estimate of $6.13 per share. This compares to earnings of $5.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.14%. A quarter ago, it was expected that this maker of motion and control products would post earnings of $6.23 per share when it actually produced earnings of $6.77, delivering a surprise of 8.67%.Over the last fo ...

Exhibit 99.1 Parker Reports Fiscal 2025 First Quarter Results Record sales, segment operating margin and earnings per share; EPS outlook increased CLEVELAND, October 31, 2024 -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the quarter ended September 30, 2024, that included the following highlights (compared with the prior year quarter): Fiscal 2025 First Quarter Highlights: • Sales increased 1.2% to $4.9 billion; Organic sales grow ...

CLEVELAND, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the quarter ended September 30, 2024, that included the following highlights (compared with the prior year quarter): Fiscal 2025 First Quarter Highlights: Sales increased 1.2% to $4.9 billion; Organic sales growth was 1.4%Net income was $698 million, an increase of 7%, or $810 million adjusted, an increase of 4%EPS were $5.34, an increase of 7% ...

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Analysts on Wall Street project that Parker-Hannifin (PH) will announce quarterly earnings of $6.13 per share in its forthcoming report, representing an increase of 2.9% year over year. Revenues are projected to reach $4.91 billion, increasing 1.2% from the same quarter last year. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Ahead ...