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Parker Hannifin Earnings Show It’s Possible to Grow in a Tough Economy - Barron's

Aug 8, 2024, 8:41 AM EDT1 sourcesAI-analyzed

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Parker Hannifin surpassed earnings expectations with $6.77 EPS. Aerospace profits increased 25%, while industrial profits rose only 1%. Predicted fiscal 2025 EPS range is $26.30 to $27. Shares rose about 5% premarket, showing strong investor confidence.

  • Parker Hannifin surpassed earnings expectations with $6.77 EPS.
  • Aerospace profits increased 25%, while industrial profits rose only 1%.
  • Predicted fiscal 2025 EPS range is $26.30 to $27.
  • Shares rose about 5% premarket, showing strong investor confidence.

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