Parker-Hannifin Beats Fiscal Q1 2027 Estimates as Revenue Rises 18% to $5.99B
Revenue of $5.99B vs. $5.81B expected and adjusted EPS of $8.90 vs. $8.21; revenue up 18% from a year earlier.
Parker-Hannifin (PH) beat estimates for the fiscal first quarter of 2027 on both revenue and adjusted EPS. Revenue was $5.99 billion, up 18% from a year earlier, above the $5.81 billion estimate, and adjusted EPS was $8.90, up 23% from a year earlier, above the $8.21 estimate.
Shares rose 2.1% in premarket trading as of 7:28 a.m. ET, to $929.13 from a $910.19 close.
Fiscal Q1 2027 scorecard
| Parameters | Expected | Actual | Beat/Miss |
|---|---|---|---|
| Adjusted EPS | $8.21 | $8.90 | Beat by 8.4% |
| Revenue | $5.81B | $5.99B | Beat by 3.2% |
| Change | YoY | QoQ |
|---|---|---|
| Adjusted EPS | ▲ 23% | ▼ 4.0% |
| Revenue | ▲ 18% | ▲ 4.1% |
By our calculation, revenue was $184.3 million above the estimate and adjusted EPS was $0.69 above it. The QoQ column compares with the previous quarter's revenue of $5.75 billion and adjusted EPS of $9.27. The YoY column compares with $5.08 billion and $7.22 in the same quarter a year earlier.
Track record
- EPS record. Adjusted EPS beat the estimate in 8 of the last 8 reports, including this one.
- Revenue record. Revenue beat the estimate in 6 of the last 8 reports.
- Revenue trend. Revenue over the last 5 reports, oldest first: $5.08 billion, $5.17 billion, $5.49 billion, $5.75 billion and $5.99 billion.
What to watch
- Next-quarter estimates. Consensus calls for EPS of $8.55 and revenue of $6.08 billion next quarter, based on 10 analysts.
- Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 18% increase to $5.99 billion.
- Estimate record. Whether Parker-Hannifin extends a record of beating EPS estimates in 8 of its last 8 reports.
- Related coverage. See our reports on Kimbell Royalty Partners, Open Text, First Majestic Silver and Verisk Analytics.
Sources: Results are from Parker-Hannifin's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Parker-Hannifin's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.
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