Parker Hannifin (PH) Tops Q1 EPS Views; Increases FY11 EPS Outlook

April 27, 2011 7:41 AM EDT
Parker Hannifin Corporation (NYSE: PH) reported Q1 EPS of $1.68, $0.14 better than the analyst estimate of $1.54. Revenue for the quarter came in at $3.24 billion versus the consensus estimate of $3.06 billion.

Increases FY2011 EPS outlook from $5.80 - $6.20 to $6.20 - $6.40, versus the consensus of $6.17.

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