- Parker-Hannifin (NYSE:PH): Q1 Non-GAAP EPS of $4.26 beats by $0.56; GAAP EPS of $3.45 beats by $0.28.
- Revenue of $3.76B (+16.4% Y/Y) beats by $120M.
- Press Release
- Segment operating margin was 19.7% as reported, or 22.0% adjusted.
- EBITDA margin was 20.6% as reported, or 22.1% adjusted.
- For the fiscal year ending June 30, 2022, the company has increased guidance for earnings per share to the range of $14.52 to $15.22, or $16.95 to $17.65 on an adjusted basis vs. consensus of $16.89. Guidance assumes organic sales growth of approximately 7% to 10% compared with the prior year vs. estimated growth of 7.97% Y/Y.