PH · Earnings call · 2026Q2T · Full report
FX / Currency Headwinds
Parker-Hannifin Corp · 2026-08-06 · Importance 36 · Surprise 24 · In source text
Fiscal 2027 guidance assumes currency will be slightly unfavorable by approximately 0.5 percentage point based on June 30 spot rates. Management also expects corporate G&A and other expense to be unfavorable by $0.14 per adjusted EPS, primarily because favorable foreign-exchange impacts recorded in fiscal 2026 are not expected to repeat. In the fourth quarter, currency was slightly unfavorable to sales by 0.3%, while favorable foreign exchange contributed $0.25 to quarterly EPS through corporate G&A and other.
Key facts
- Currency for FY '27 based on June 30 spot rates and expected to be slightly unfavorable by 0.5 percentage point
- FY '27 corporate G&A and other is forecasted to be unfavorable by $0.14 to EPS primarily due to non-repeat of favorable foreign currency in FY '26
- Currency was slightly unfavorable in Q4 by 0.3%
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | committed | -0.4% | Currency for FY '27 based on June 30 spot rates and expected to be slightly unfavorable by 0.5 percentage point |
| net_income | negative | committed | — | FY '27 corporate G&A and other is forecasted to be unfavorable by $0.14 to EPS primarily due to non-repeat of favorable foreign currency… |