What to Expect From Parker-Hannifin's Q2 2026 Earnings Report

Core Viewpoint - Parker-Hannifin Corporation (PH) is a leading diversified industrial manufacturer with a market cap of $110.9 billion, expected to announce its fiscal second-quarter earnings for 2026 soon [1] Financial Performance - Analysts anticipate PH will report a profit of $7.11 per share on a diluted basis, reflecting an 8.9% increase from $6.53 per share in the same quarter last year [2] - For the full fiscal year, EPS is projected to be $30.39, an 11.2% rise from $27.33 in fiscal 2025, with expectations of further growth to $32.96 in fiscal 2027 [3] Stock Performance - PH stock has increased by 38% over the past 52 weeks, outperforming the S&P 500 Index's 16.4% gains and the Industrial Select Sector SPDR Fund's 17.6% gains during the same period [4] Growth Drivers - The company's strong organic growth is attributed to robust performance in aerospace and defense, along with a recovery in North American industrial operations [5] - Key growth factors include commercial and aftermarket aerospace growth, enhanced productivity, effective cost controls, and successful integration of Curtis Instruments [5] Recent Earnings Report - On November 6, PH shares rose by 7.8% following the Q1 results, with adjusted EPS of $7.22 surpassing Wall Street's expectations of $6.67, and revenue of $5.1 billion exceeding the forecast of $4.9 billion [6] Analyst Sentiment - The consensus opinion on PH stock is bullish, with a "Strong Buy" rating from 16 out of 23 analysts, one suggesting a "Moderate Buy," and six giving a "Hold" rating [7] - The average analyst price target for PH is $940.95, indicating a potential upside of 7.1% from current levels [7]