Parker-Hannifin Corporation (NYSE:PH) Q1 2025 Earnings Conference Call October 31, 2024 11:00 AM ET
Company Participants
Todd Leombruno - Chief Financial Officer
Jenny Parmentier - Chairman & Chief Executive Officer
Conference Call Participants
Jamie Cook - Truist Securities
David Raso - Evercore ISI
Matt Laflash - Barclays
Nathan Jones - Stifel
Joe O'Dea - Wells Fargo
Vivek Srivastava - Goldman Sachs
Andrew Obin - Bank of America
Nigel Coe - Wolfe Research
Jeff Sprague - Vertical Research Partners
Joe Giordano - TD Cowen
Operator
Greetings, and welcome to the Parker-Hannifin Fiscal 2025 First Quarter Earnings Conference Call and Webcast. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [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, Sachi, and welcome to Parker's fiscal year 2025 first quarter earnings release webcast. As Sachi said, this is Todd Leombruno, Chief Financial Officer speaking. Thank you to everyone for joining us this morning. With me today is Jenny Parmentier, Chairman and Chief Executive Officer. We do truly appreciate your interest in Parker.
On Slide 2, we address our disclosures on forward-looking projections and non-GAAP financial measures. Items listed here could cause actual results to vary from our forecast. Our press release, this presentation and those reconciliations for all non-GAAP measures were released this morning and are available on the Investors section on our website at parker.com.
The agenda for today is Jenny is going to start with highlights for our record first quarter performance. She's also going to reinforce how our key market verticals are positioned for longer-term growth. I'm going to follow Jenny with a more detailed look at our strong first quarter results. And then we're going to address the changes to the fiscal year 2025 guidance that we released and increased this morning.
We'll then move to the Q&A session and we're going to try to address as many questions as possible.
And with all of that, Jenny, we'll begin with you on Slide 3.
Jenny Parmentier
Thank you, Todd, and thank you to everyone for attending the call today. We closed our first quarter of fiscal year 2025 with our transformed portfolio driving record performance. We produced top quartile safety performance aligned with our goal to be the safest industrial company in the world. And once again, our balanced and diverse Aerospace Systems segment delivered exceptional performance.