Categories Earnings, Technology
Earnings Summary: Parker Hannifin (PH) reports higher Q4 sales and profit
Parker Hannifin Corporation (NYSE: PH), a leader in motion and control technologies, on Thursday reported results for the fourth quarter of 2024.
- June-quarter sales increased 2% year-over-year to a record high of $5.2 billion; organic sales growth was 3%
- Net income advanced to $785 million in the fourth quarter from $709 million in the prior-year period
- On a per-share basis, earnings increased 10% annually to $6.01; adjusted earnings climbed 11% from last year to $6.77
- Q4 EBITDA margin was 25.8%, an increase of 90 bps; adjusted EBITDA margin rose 190 bps to 26.3%
- Segment operating margin moved up 10bps to 22.2% in Q4, and rose 130 bps to 25.3% on an adjusted basis
- For the full fiscal year, the company expects total sales growth of 1.5% – 4.5%, with organic sales growth of 2% to 5%
- Full-year earnings per share is expected to be $22.65 to $23.35, or $26.30 to $27.00 on an adjusted basis
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the