BofA/Merrill Lynch Downgrades Parker-Hannifin (PH) to Neutral
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Parker-Hannifin (PH) Tops Q1 EPS by 5c, Lowers FY16 EPS Guidance
October 22, 2015 7:37 AM EDTParker-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
