Parker Hannifin posts record fiscal Q1 2027 results and raises full-year outlook
FROM THE WIRE · GLOBENEWSWIRE.COM
CLEVELAND, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the quarter ended September 30, 2026 that included the following highlights (compared with the prior year…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishA large-cap company raising its full-year outlook is a significant signal for the industrial sector and the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Sales rose 18% to a record $6.0 billion.
- 02Organic sales grew 11.5%, with acquisitions adding 7%.
- 03Adjusted EPS rose 23% to a record $8.90.
- 04FY27 outlook was raised for organic growth, adjusted margin, adjusted EPS and free cash flow.
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