Compared to Estimates, Parker-Hannifin (PH) Q2 Earnings: A Look at Key Metrics

Core Insights - Parker-Hannifin reported revenue of $4.74 billion for the quarter ended December 2024, reflecting a year-over-year decline of 1.6% and a surprise of -1.17% compared to the Zacks Consensus Estimate of$ 4.8 billion [1] - The company's EPS for the quarter was $6.53, an increase from$ 6.15 in the same quarter last year, resulting in an EPS surprise of +4.98% against the consensus estimate of $6.22 [1] Financial Performance Metrics - Parker-Hannifin's stock has returned +4.7% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change, and currently holds a Zacks Rank 3 (Hold) [3] - The reported revenue change of -1.6% was slightly worse than the average estimate of -1.1% based on two analysts [4] - In the Diversified Industrial - North America segment, revenue decreased by 5% compared to an average estimate of -7.2% [4] - Aerospace Systems showed a positive performance with a reported revenue increase of 14%, exceeding the average estimate of 10% [4] - Net sales for Aerospace Systems were$ 1.49 billion, surpassing the estimated $1.44 billion, marking a +14% change year-over-year [4] - Diversified Industrial - International net sales were reported at$ 1.32 billion, below the estimated $1.37 billion, reflecting a -5.7% year-over-year change [4] - Adjusted Segment operating income for Diversified Industrial - North America was$ 426.57 million, lower than the average estimate of $463.50 million [4] - Adjusted Segment operating income for Aerospace Systems was$ 338.18 million, compared to the average estimate of $395.97 million [4]