Parker Hannifin: Q3 Earnings Insights

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Parker Hannifin PH reported its Q3 earnings results on Thursday, May 4, 2023 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

Parker Hannifin beat estimated earnings by 18.36%, reporting an EPS of $5.93 versus an estimate of $5.01.

Revenue was up $975.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.3 which was followed by a 3.69% increase in the share price the next day.

Here's a look at Parker Hannifin's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 4.46 4.17 4.67 4.65
EPS Actual 4.76 4.74 5.16 4.83
Revenue Estimate 4.44B 3.96B 4.06B 4.06B
Revenue Actual 4.67B 4.23B 4.19B 4.09B

To track all earnings releases for Parker Hannifin visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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