Parker-Hannifin reports modest sales growth and mixed outlook in Q1 results

Parker-Hannifin Corp reported first-quarter 2025 sales of $4.9 billion, a 1.2% increase from last year, surpassing expectations. Orders rose 1%, with Aerospace Systems orders up 7%, while North American industrial orders fell 3%. Adjusted earnings per share improved to $6.20, exceeding the forecast of $6.14. The company noted a total adjusted operating margin of 25.7%, up from 24.9% a year ago. Parker-Hannifin updated its sales growth outlook to 0.5%-3.5%, down from 1.5%-4.5%. It raised its adjusted EPS guidance to $26.35-$27.05, slightly above previous estimates.