Parker-Hannifin Fiscal Q1 Adjusted Earnings, Net Sales Rise; Raises Fiscal 2027 Guidance
MT newswire2026/11/05 11:44Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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07:44 AM EST, 11/05/2026 (MT Newswires) -- Parker-Hannifin (PH) reported fiscal Q1 adjusted earnings Thursday of $8.90 per diluted share, up from $7.22 a year earlier. Analysts polled by FactSet expected $8.21. Net sales for the quarter ended Sept. 30 were $5.99 billion, up from $5.08 billion a year earlier. Analysts surveyed by FactSet expected $5.81 billion. For fiscal 2027, the company raised its adjusted earnings per share guidance to $36.45 to $37.25 from $34.25 to $35.25. Analysts polled by FactSet expect $35.73. Shares of the company were up 7.4% in premarket activity Thursday.
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