What Happened
Industrial And Aerospace Manufacturer Sees Strong Growth
Parker-Hannifin reported record fiscal 2026 results, with annual sales reaching $21.5 billion and adjusted EPS growing 18%. The company’s aerospace segment recorded its fourth consecutive year of double-digit organic growth, with orders rising 18% in the fourth quarter. Parker-Hannifin also introduced fiscal 2027 guidance, expecting sales growth of 5.5% to 8.5% and adjusted EPS of $34.75. This news was first reported by MarketBeat.