Parker Hannifin (NYSE: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.
