Parker-Hannifin Reports Record Q1 FY 2027 Results with 18% Sales Growth
Parker-Hannifin (PH) reported record-breaking results for the first quarter of fiscal year 2027, driven by an 18% increase in sales to $6 billion. The company saw organic growth accelerate to 11.5%, while adjusted segment operating margins reached a record high of 28.6%. Adjusted earnings per share (EPS) also hit a record $8.90, representing a 23% year-over-year increase. Looking ahead, management provided optimistic long-term guidance, projecting 9% organic growth and an EPS of $36.85 for fiscal year 2027. This outlook is bolstered by the integration of Filtration Group, which is expected to contribute approximately $1.85 billion in sales to the company's top line.
Tickers: $PH
Topics: earnings per share operating margin organic growth revenue growth
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