Core Viewpoint - Analysts project that Parker-Hannifin (PH) will report quarterly earnings of $7.15 per share, reflecting a year-over-year increase of 9.5%, with revenues expected to reach $5.04 billion, up 6.3% from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised upward by 0.6% in the past 30 days, indicating a reassessment of initial estimates by covering analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are strongly linked to short-term stock price performance [3]. Key Metrics Projections - Analysts estimate 'Net Sales- Aerospace Systems' will reach $1.67 billion, an increase of 11.9% year-over-year [5]. - 'Net Sales- Diversified Industrial- International' is projected at $1.44 billion, reflecting an 8.5% increase from the prior year [5]. - 'Net Sales- Diversified Industrial- North America' is expected to be $1.96 billion, showing a year-over-year change of 1.7% [5]. Sales Growth - Reported sales growth for 'Aerospace Systems' is anticipated to be 11.9%, down from 14.0% reported in the same quarter last year [6]. - Organic sales growth for 'Aerospace Systems' is forecasted at 10.2%, also lower than the 14.0% reported in the previous year [6]. Operating Income Estimates - The consensus for 'Adjusted segment operating income- Diversified Industrial- North America' is $505.32 million, compared to $426.57 million reported in the same quarter last year [7]. - 'Adjusted segment operating income- Aerospace Systems' is expected to be $496.49 million, up from $338.18 million reported in the same quarter last year [7]. - Analysts project 'Adjusted segment operating income- Diversified Industrial- International' to reach $347.77 million, compared to $284.00 million reported in the same quarter last year [8]. Stock Performance - Over the past month, Parker-Hannifin shares have returned +4.5%, outperforming the Zacks S&P 500 composite's +0.2% change [8].
What Analyst Projections for Key Metrics Reveal About Parker-Hannifin (PH) Q2 Earnings