While reporting financial results for the third quarter on Thursday, Parker Hannifin Corp. (PH) raised its earnings and adjusted earnings guidance for the full-year 2026.
For fiscal 2026, the company now projects earnings of about $27.10 per share and adjusted earnings of about $31.20 per share on total sales growth of 7 percent, with organic sales growth of 5.5 percent.
Previously, the company expected earnings in the range of $26.26 to $26.86 per share and adjusted earnings in a range of $30.40 to $31.00 per share on total sales growth of 5.5 to 7.5 percent.
In Thursday's pre-market trading, PH is trading on the NYSE at $935.39, down $12.77 or 1.35 percent.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.