What to Expect From Parker-Hannifin's Next Quarterly Earnings Report

2 months ago 21

Aritra Gangopadhyay

Mon, April 20, 2026 astatine 7:31 AM CDT 2 min read

Cleveland, Ohio-based Parker-Hannifin Corporation (PH) manufactures and sells question and power technologies and systems for aerospace and defense, in-plant and concern equipment, transportation, off-highway, energy, and HVAC and refrigeration markets successful North America and internationally. The institution has a marketplace headdress of $124.8 cardinal and is expected to merchandise its Q3 2026 net on Thursday, Apr. 30, earlier the marketplace opens.

Ahead of the event, analysts expect the company’s EPS to beryllium $7.81 connected a diluted basis, up 12.5% from $6.94 successful the year-ago quarter. The institution has exceeded Wall Street’s EPS estimates successful each of its past 4 quarters.

For fiscal 2026, analysts task the company’s EPS to beryllium $30.99, up 13.4% from $27.33 successful fiscal 2025. Moreover, its EPS is expected to emergence by astir 10.1% twelvemonth implicit twelvemonth (YoY) to $34.12 successful fiscal 2027.

www.barchart.com

www.barchart.com

PH’s banal has surged 76.3% implicit the past 52 weeks, outperforming the S&P 500 Index’s ($SPX) 34.9% emergence and the State Street Industrials Select Sector SPDR ETF’s (XLI) 38.5% instrumentality during the aforesaid clip frame.

www.barchart.com

www.barchart.com

On Jan. 29, PH stock rose 3.5% pursuing the merchandise of its better-than-expected Q2 2026 earnings. The company’s income roseate 9% from the anterior year’s 4th to $5.2 billion, surpassing the Street’s estimates. Moreover, its adjusted EPS for the 4th amounted to $7.76, coming successful connected apical of Wall Street estimates. PH besides accrued its guidance for its full-year income growth, which is expected to beryllium successful the scope of 5.5% to 7.5%. Additionally, the institution besides expects its EPS to beryllium successful the scope of $26.26 to $26.86 for the afloat year.

Analysts are highly bullish connected PH, with the banal having a “Strong Buy” standing overall. Among the 25 analysts covering the stock, 18 are recommending a “Strong Buy,” 1 recommends a “Moderate Buy,” and six suggest a “Hold” for the stock. PH’s mean expert terms people is $1,037.09, indicating an upside of 4.9% from the existent levels.

On the day of publication, Aritra Gangopadhyay did not person (either straight oregon indirectly) positions successful immoderate of the securities mentioned successful this article. All accusation and information successful this nonfiction is solely for informational purposes. This nonfiction was originally published connected Barchart.com

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