Parker Reports Fiscal 2016 First Quarter Results

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Go back to Parker Reports Fiscal 2016 First Quarter Results

BofA/Merrill Lynch Downgrades Parker-Hannifin (PH) to Neutral

October 26, 2015 6:42 AM EDT

BofA/Merrill Lynch downgraded Parker-Hannifin (NYSE: PH) from Buy to Neutral with a price target of $108.00.

For an analyst ratings summary and ratings history on Parker-Hannifin click here. For more ratings news on Parker-Hannifin click here.

Shares of Parker-Hannifin closed at $103.07 yesterday.

... More

Parker-Hannifin (PH) Tops Q1 EPS by 5c, Lowers FY16 EPS Guidance

October 22, 2015 7:37 AM EDT

Parker-Hannifin (NYSE: PH) reported Q1 EPS of $1.52, $0.05 better than the analyst estimate of $1.47. Revenue for the quarter came in at $2.87 billion versus the consensus estimate of $2.94 billion.

Parker-Hannifin sees FY2016 EPS of $5.80-$6.40, versus the consensus of $6.67.

Fiscal year 2016 guidance is adjusted for expected... More