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Parker Hannifin: Q2 Earnings Insights

 

Parker Hannifin (NYSE:PH) reported its Q2 earnings results on Thursday, February 3, 2022 at 07:30 AM.

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

Also check out this: Alphabet And 4 Other Stocks Sold By Insiders

Earnings

Parker Hannifin beat estimated earnings by 14.07%, reporting an EPS of $4.46 versus an estimate of $3.91, which surprised analysts.

Revenue was up $413.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.58, which was followed by a 0.03% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 3.68 4.32 3.78 2.60
EPS Actual 4.26 4.38 4.11 3.44
Revenue Estimate 3.64B 3.93B 3.73B 3.22B
Revenue Actual 3.76B 3.96B 3.75B 3.41B

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

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