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Parker-Hannifin Posts Record Q3 Sales and Raises Full-Year Outlook

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Parker-Hannifin Posts Record Q3 Sales and Raises Full-Year Outlook

Suhaib

Executive summary

Parker-Hannifin reported record third-quarter sales of $5.49 billion, up 10.6% year-over-year, and raised its full-year forecast. The company now expects 7% sales growth and mid-teens adjusted EPS growth for the year, driven by strong orders and a record backlog.

What happened

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This article was generated by Quantli AI using publicly available news sources.

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