Parker-Hannifin (PH) Tops Q2 EPS by 52c, Raises FY EPS Guidance

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Go back to Parker-Hannifin (PH) Tops Q2 EPS by 52c, Raises FY EPS Guidance

Parker Reports Fiscal 2017 Second Quarter Results

February 2, 2017 7:33 AM EST

Second quarter EPS increased 34% to $1.78, or $1.91 adjustedFiscal 2017 second quarter includes $0.21 per share gain associated with the sale of a product lineSegment operating margins strong, reaching a second quarter record of 14.4% or 14.7% adjustedTotal order trends positive and increased 5% compared with the prior year quarter Fiscal 2017 full year earnings guidance increased

CLEVELAND, Feb. 02, 2017 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2017 second quarter ended December 31, 2016.  Fiscal 2017 second quarter sales... More