Parker-Hannifin shares rise 5.28% premarket after reporting Q1 earnings beat and raising FY26 guidance.

Parker-Hannifin surged 5.28% in premarket trading following the release of strong fiscal first-quarter results, including record sales of $5.1 billion, 5% organic growth, and $808 million in net income (up 16%). Adjusted earnings per share of $7.22 exceeded estimates, and the company raised full-year guidance, citing robust aerospace demand, margin expansion to 27.4%, and a $11.3 billion backlog. The results underscored operational strength and execution, aligning with the stock’s upward movement.