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Parker-Hannifin's shares rose 11% after strong quarterly earnings. Aerospace services drove 19.1% organic sales growth in Q4 2024. Despite challenges, the firm forecasts 2% to 5% growth in FY 2025. Diversified industrials segment faced a 2.8% sales decline in North America. Company's adjusted EPS was $6.77, surpassing estimates of $6.23.
- Parker-Hannifin's shares rose 11% after strong quarterly earnings.
- Aerospace services drove 19.1% organic sales growth in Q4 2024.
- Despite challenges, the firm forecasts 2% to 5% growth in FY 2025.
- Diversified industrials segment faced a 2.8% sales decline in North America.
- Company's adjusted EPS was $6.77, surpassing estimates of $6.23.
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