The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Parker-Hannifin's revenues will contract -0.2% and EPS will decrease -7.9%.
The average estimate for revenue is $3.23 billion. On the bottom line, the average EPS estimate is $1.76.
Last quarter, Parker-Hannifin recorded revenue of $3.41 billion. GAAP reported sales were 0.1% higher than the prior-year quarter's $3.41 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.96. GAAP EPS of $1.96 for Q4 were 9.5% higher than the prior-year quarter's $1.79 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 25.0%, 50 basis points better than the prior-year quarter. Operating margin was 13.7%, 130 basis points better than the prior-year quarter. Net margin was 8.9%, 30 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $13.54 billion. The average EPS estimate is $7.53.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 557 members out of 573 rating the stock outperform, and 16 members rating it underperform. Among 157 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 154 give Parker-Hannifin a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Parker-Hannifin is outperform, with an average price target of $97.08.
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