These Analysts Increase Their Forecasts On Parker Hannifin Following Strong Q2 Earnings - Parker Hannifin (NYSE:PH)
Parker-Hannifin Corporation (NYSE:PH) reported better-than-expected second-quarter financial results and raised its FY26 guidance on Thursday.The motion and control technologies company posted adjusted EPS of $7.65, beating the $7.17 analyst estimate. Net sales totaled $5.174 billion, exceeding the $5.066 billion estimate. Sales increased 9% year over year with organic sales growth of 6.6%.CEO Jenny Parmentier said, "This was another outstanding quarter that reflected the performance of our global team, the ...