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0.00134161980862189 0.00134161980862189 0.00134161980862189 0.00327513070928276 0.00301864456939918 0.0021308079313406 0.00665877478543948 0.0107428233205089
Stock impact report

Parker-Hannifin (PH) to Gain From Business Strength Amid Risks [Yahoo! Finance]

Parker-Hannifin Corporation (PH) 
Last parker-hannifin corporation earnings: 4/30 07:30 am Check Earnings Report
US:NYSE Investor Relations: phstock.com
Company Research Source: Yahoo! Finance
The Aerospace Systems segment's organic sales jumped 18% year over year in the third quarter of fiscal 2024 (ended March 2024). In the quarters ahead, the segment is poised to benefit from strong demand for its products and aftermarket support services in general aviation and military end markets. The company remains focused on acquiring businesses to gain access to new customers, regions and product lines. In September 2022, it acquired Meggitt plc, a global leader in motion and control technologies. The acquisition expanded PH's presence in the UK, positioning it well to provide a broader suite of solutions for aircraft, and aero-engine components and systems. Acquisitions boosted the company's sales by 3.4% in the first nine months of fiscal 2024. Parker-Hannifin has been gaining from its unique Win Strategy, which focuses on innovation, strategic positioning and distribution growth. In the third quarter of fiscal 2024, segment's adjusted operating margin increased 150 basis po Show less Read more
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