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Sales were a record at $5.07 billion; organic sales increased 1%Segment operating margin was 21.5%, or a record 24.7% adjusted, an increase of 150 basis.
Parker-Hannifin reported third-quarter fiscal 2024 sales growth of 0.3%, beating estimates. Orders were flat, but Aerospace Systems saw 15% increase. Adjusted EPS and margins improved. Outlook raised with EPS of $24.65-$24.85 and sales growth of 4%.