How reliable are PH's earnings forecasts for traders?

**Parker-Hannifin's (PH) earnings forecasts appear to be generally reliable for traders**, considering the following points: 1. **Consistent Growth Expectations**: PH's earnings are expected to grow, as indicated by the year-over-year increase projections in both net income and diluted EPS. 2. **Recent Positive Performance**: The company's recent quarterly report showed resilience, with adjusted EPS exceeding estimates, and a "GOOD" Financial Health Score, suggesting strong operational execution. 3. **Analyst Confidence**: Mizuho Securities maintains an "Outperform" rating with a price target of $715, despite softness in the industrial sector, indicating confidence in PH's performance. 4. **Market Position and Diversification**: PH's strategic positioning and diversification efforts over the past decade have strengthened its portfolio, allowing it to weather various market conditions. This resilience is a positive sign for earnings reliability. 5. **Earnings Surprise**: The most recent report period ended on December 31, 2024, with an EPS surprise of $0.3, which is 4.82% of the EPS. This suggests that PH's actual earnings have exceeded expectations, adding to the reliability of the forecast. |code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code| |---|---|---|---|---|---|---|---| |PH|PH.N|Parker-Hannifin|2024 Q3|22.97515906321917|0.25072777435883253|22.4669603524229|169| |PH|PH.N|Parker-Hannifin|2024 Q4|10.717438702089192|1.7832224575510363||169| |PH|PH.N|Parker-Hannifin|2025 Q1|7.288901995478227|1.1654696205539858|7.014028056112218|169| |PH|PH.N|Parker-Hannifin|2025 Q2|39.08646931268208|-1.6252823356075061|38.62332695984703|169| |code|Ticker|Name|Date|Total Revenue|Net Income|market_code| |---|---|---|---|---|---|---| |PH|PH.N|Parker-Hannifin|2024 Q3|5.074356E9|7.26734E8|169| |PH|PH.N|Parker-Hannifin|2024 Q4|5.186815E9|7.85073E8|169| |PH|PH.N|Parker-Hannifin|2025 Q1|4.903984E9|6.98528E8|169| |PH|PH.N|Parker-Hannifin|2025 Q2|4.742593E9|9.48649E8|169| |code|Ticker|Name|Date|EPS Surprise|market_code| |---|---|---|---|---|---| |PH|PH.N|Parker-Hannifin|2024 Q3|0.39|169| |PH|PH.N|Parker-Hannifin|2024 Q4|0.55|169| |PH|PH.N|Parker-Hannifin|2025 Q1|0.06|169| |PH|PH.N|Parker-Hannifin|2025 Q2|0.3|169| |code|Ticker|Name|Date|Net Income|Diluted EPS|market_code| |---|---|---|---|---|---|---| |PH|PH.N|Parker-Hannifin|2024 Q3|7.26734E8|5.56|169| |PH|PH.N|Parker-Hannifin|2024 Q4|7.85073E8||169| |PH|PH.N|Parker-Hannifin|2025 Q1|6.98528E8|5.34|169| |PH|PH.N|Parker-Hannifin|2025 Q2|9.48649E8|7.25|169| |code|Ticker|Name|Date|Total Revenue|Net Income|Diluted EPS|market_code| |---|---|---|---|---|---|---|---| |PH|PH.N|Parker-Hannifin|2024 Q3|5.074356E9|7.26734E8|5.56|169| |PH|PH.N|Parker-Hannifin|2024 Q4|5.186815E9|7.85073E8||169| |PH|PH.N|Parker-Hannifin|2025 Q1|4.903984E9|6.98528E8|5.34|169| |PH|PH.N|Parker-Hannifin|2025 Q2|4.742593E9|9.48649E8|7.25|169| However, traders should also consider potential risks and uncertainties, such as softer orders in certain segments and macroeconomic factors that could impact growth assumptions. Overall, the earnings forecasts for PH seem reliable, but traders should monitor the company's performance closely, especially in light of any emerging market trends or company-specific developments that could affect earnings.