Parker-Hannifin (PH) Posts Q1 EPS of $1.51, Tops Views; Increases FY11 EPS Outlook Above Street

October 19, 2010 7:33 AM EDT
Parker-Hannifin (NYSE: PH) reports Q1 EPS of $1.51, versus the analyst estimate of $1.07. Revenue for the quarter was $2.8 billion, which compares to the estimate of $2.64 billion.

Increases FY11 EPS outlook to $5.20 - $5.80, compared to the consensus of $4.53.

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Earnings, Guidance