Parker-Hannifin Corporation's (NYSE: PH) first quarter financial results release is scheduled for Thursday 31st October 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.
According to the predictions of financial experts on Wall Street, the establishment is set to unveil an estimated $6.14 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $4.9 billion for the specific period.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $5.96. This figure was attributed to the company's total revenue, which reached an impressive $4.85 billion during that same period.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $20.58 billion. They also believe the company will reach about profit of $26.76 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q4 2024 | $6.77 | +11.3% | 5.19 B | +1.8% |
| Q3 2024 | $6.51 | +9.8% | 5.07 B | +0.3% |
| Q2 2024 | $6.15 | +29.2% | 4.82 B | +3.1% |
| Q1 2024 | $5.96 | +25.7% | 4.85 B | +14.5% |
| Q4 2023 | $6.08 | +17.8% | 5.10 B | +21.7% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 31st October 2024 at 11:00 AM eastern time to discuss Q1 financial results.
Throughout Tuesday's trading, Parker-Hannifin Corporation (PH) shares fluctuated between $612.10 and $626.27, with a trading volume of 584.40 thousand shares. The stock ended the regular trading session at $625.11, showing a rise of 0.23 percent.
