2023-08-03 07:33:33 ET
- Parker-Hannifin press release ( NYSE: PH ): Q4 Non-GAAP EPS of $6.08 beats by $0.59 .
- Revenue of $5.1B (+21.7% Y/Y) beats by $90M .
- For the full year, fiscal 2023 sales were a record at $19.1 billion, an increase of 20%, compared with $15.9 billion in fiscal 2022.
- Fiscal 2023 net income was $2.1 billion compared with $1.3 billion in fiscal 2022.
- Fiscal 2023 adjusted net income was a record at $2.8 billion compared with $2.4 billion in the prior year.
- Fiscal 2023 earnings per share were $16.04 compared with $10.09 in fiscal 2022. On an adjusted basis, fiscal 2023 full year earnings per share increased 15% to a record of $21.55 compared with $18.72 in the prior year.
- Fiscal 2023 cash flow from operations increased 22% to $3.0 billion, or 15.6% of sales compared with $2.4 billion, or 15.4% of sales, in the prior year.
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Parker-Hannifin Non-GAAP EPS of $6.08 beats by $0.59, revenue of $5.1B beats by $90M