Although the revenue and EPS for Parker-Hannifin (PH) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Parker-Hannifin (PH) came out with quarterly earnings of $6.53 per share, beating the Zacks Consensus Estimate of $6.22 per share. This compares to earnings of $6.15 per share a year ago.
PH's fiscal Q2 results are likely to benefit from strength in the commercial and military end markets. Weakness in the off-highway and transportation end markets is likely to have been a woe.
Parker-Hannifin (PH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Parker-Hannifin (PH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Parker-Hannifin is a leader in motion and control technologies, with a diversified portfolio serving industrial and aerospace sectors, boasting strong historical financial performance. PH benefits from exposure to secular growth trends like AI, onshoring, and aerospace, but current valuation appears overextended with anemic growth in the Diversified Industrial segment. Despite robust operational efficiency and a history of successful acquisitions, PH's increased leverage and high valuation pose risks, particularly in economic downturns and market corrections.
The stock of Parker-Hannifin is on a robust long term upward trend. Over the past five years, it has gained 207%, while in 2024 it reached new all-time highs, achieving a maximum return of +54%. At current levels, it is trading about 10% lower with the recent pullback, offering a promising re-entry opportunity with attractive profit potential.
PH gains from solid momentum in the Aerospace Systems segment, accretive acquisitions and shareholder-friendly policies.
PH benefits from business strength, acquisitions and shareholder-friendly moves. However, challenging conditions in off-highway and transportation markets remain concerning.
Parker-Hannifin Corporation (NYSE:PH ) Q1 2025 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Todd Leombruno - Chief Financial Officer Jenny Parmentier - Chairman & Chief Executive Officer Conference Call Participants Jamie Cook - Truist Securities David Raso - Evercore ISI Matt Laflash - Barclays Nathan Jones - Stifel Joe O'Dea - Wells Fargo Vivek Srivastava - Goldman Sachs Andrew Obin - Bank of America Nigel Coe - Wolfe Research Jeff Sprague - Vertical Research Partners Joe Giordano - TD Cowen Operator Greetings, and welcome to the Parker-Hannifin Fiscal 2025 First Quarter Earnings Conference Call and Webcast. At this time, all participants are in a listen-only mode.
PH's fiscal first-quarter sales increase 1.2% year over year, driven by the impressive performance of the Aerospace Systems segment.
Although the revenue and EPS for Parker-Hannifin (PH) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.