Parker-Hannifin gains as Q3 profit beat estimates
ReutersMay 1, 2025 2:40 PM
Parker-Hannifin PH.N marginally up 2% at $615
Co's Q3 profit beat analysts' estimates on the back of steady demand for aircraft parts and components
PH posts Q3 profit of $6.94/share, compared with analysts' average expectation of $6.72, according to data compiled by LSEG
Co's Q3 revenue fell about 2% to $4.96 billion, compared with estimates of $4.99 billion
18 of 23 brokerages rate the stock "buy" or higher, 5 "hold"; their median PT is $708.50
Including session moves shares fell 3.5% YTD
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