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.
