Parker-Hannifin (PH) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - Parker-Hannifin (PH) is anticipated to report a year-over-year increase in earnings despite a decline in revenues, which could significantly influence its stock price depending on the actual results compared to estimates [1][2]. Earnings Expectations - The upcoming earnings report is scheduled for May 1, 2025, with an expected EPS of $6.73, reflecting a +3.4% change year-over-year, while revenues are projected to be $5 billion, down 1.5% from the previous year [3][2]. - The consensus EPS estimate has been revised 0.35% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Parker-Hannifin is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.01%, which indicates a likelihood of beating the consensus EPS estimate [10][11]. - Historical performance shows that Parker-Hannifin has consistently beaten consensus EPS estimates, achieving this in the last four quarters [12][13]. Industry Context - In the broader Zacks Manufacturing - General Industrial industry, Generac Holdings (GNRC) is expected to report earnings of $0.97 per share, a +10.2% year-over-year change, with revenues projected at $918.67 million, up 3.3% [17]. - Generac Holdings has seen a 5.4% downward revision in its consensus EPS estimate over the last 30 days, resulting in a negative Earnings ESP of -2.76%, making it challenging to predict an earnings beat [18].