Parker-Hannifin (PH) Tops Q4 EPS by 15c; Guides FY17
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Parker Reports Fiscal 2016 Fourth Quarter and Full Year Results
August 4, 2016 7:30 AM EDTFourth quarter EPS $1.77 as reported, or $1.90 adjusted for realignment expenses Strong fourth quarter segment operating margins of 14.8% as reported, or 15.6% adjusted Company sets guidance for fiscal year 2017 EPS in the range of $6.15 to $6.85 as reported, or $6.40 to $7.10 adjusted for realignment expenses
CLEVELAND, Aug. 04, 2016 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced results for the fiscal 2016 fourth quarter and full year ended June 30, 2016. Fiscal 2016 fourth quarter sales decreased 6% to $2.96 billion compared with $3.14 billion in the same quarter... More
