Parker-Hannifin surged 9.21% intraday, driven by its 2026 fiscal first-quarter results exceeding expectations: non-GAAP earnings of $7.22 per share (vs. $6.62 forecast) and revenue of $5.08 billion (vs. $4.94 billion forecast). The aerospace segment reported a 13% year-over-year sales increase with a record operating margin, while the company raised 2026 full-year sales guidance to 4-7% growth and adjusted earnings per share expectations to $29.60-$30.40.
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