Parker-Hannifin Corp (NYSE:PH) Q1 2024 Earnings Conference Call November 2, 2023 11:00 AM ET
Company Participants
Todd Leombruno - EVP & CFO
Jennifer Parmentier - CEO & Director
Lee Banks - Vice Chairman & President
Conference Call Participants
Andrew Obin - Bank of America Merrill Lynch
Joseph Ritchie - Goldman Sachs Group
Mircea Dobre - Robert W. Baird & Co.
David Raso - Evercore ISI
Brett Linzey - Mizuho Securities
Jeffrey Sprague - Vertical Research Partners
Scott Davis - Melius Research
Nigel Coe - Wolfe Research
Julian Mitchell - Barclays Bank
Joseph O’Dea - Wells Fargo Securities
Nathan Jones - Stifel, Nicolaus & Company
Operator
Greetings, and welcome to the Parker Hannifin Fiscal 2024 First Quarter Earnings Conference Call and Webcast. [Operator Instructions]. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Todd Leombruno, Chief Financial Officer. Thank you. You may begin.
Todd Leombruno
Thank you, Diego. Welcome to Parker's Fiscal Year 2024 First Quarter Earnings Release Webcast. As Diego said, this is Todd Leombruno, Chief Financial Officer, speaking. Thank you to everyone for joining us this morning. With me today is Jenny Parmentier, our Chief Executive Officer; and Lee Banks, our Vice Chairman and President.
Our comments today will be addressing forward projections and non-GAAP financial measures. Slide 2 of this presentation provide specific details to our disclosures in respect to these areas. Actual results could vary from our projections based on the items listed here.
Our press release, this presentation and reconciliations for all non-GAAP measures were released this morning and are available under the Investors section at parker.com. And they will remain available there for 1 year.
Today, Jenny is going to start with some highlights of our outstanding first quarter. She will also reiterate how our portfolio transformation, along with strong aerospace secular trends, position Parker for a promising future. I will then provide some financial details on the quarter and detail our increase to our fiscal year '24 guidance. Jenny is going to wrap up. And then Jenny, Lee and I will take as many questions as we could fit in the hour.
And with that, I would ask you to move to Slide 3. And Jenny, I'll hand it over to you.
Jennifer Parmentier
Thank you, Todd. Good morning to everyone, and thank you for joining our call today. Q1 was a standout quarter, driven by a strong portfolio and our teams executing The Win Strategy.