Parker-Hannifin Corporation provided earnings guidance for the fiscal year ending June 30, 2024. For the period, company expects total sales growth in fiscal 2024 to be in the range of 3% to 5%; total segment operating margin in the range of 20.7% to 21.1%, or 24.1% to 24.5% on an adjusted basis; and earnings per share in the range of $20.00 to $20.60, or $23.90 to $24.50 on an adjusted basis.
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May. 17 | Parker-Hannifin Sets New Five-Year Financial Targets | MT |
May. 17 | Goldman Sachs Adjusts Parker-Hannifin Price Target to $700 From $655 | MT |
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