Parker-Hannifin (PH) Tops Q2 EPS by 8c, Updates Guidance
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Parker Reports Fiscal 2018 Second Quarter Results
February 1, 2018 7:30 AM ESTSales increased 26% to $3.37 billion, a second quarter record Organic sales increased 10%; order rates increased 13%As reported EPS were $0.41; or $2.15 adjusted As reported EPS include a one-time tax expense adjustment of $1.65 Total segment operating margins were 14.2%, or 14.9% adjustedAdjusted EBITDA margins increased from 15.2% to 16.3%, excluding divestiture gain in prior yearCompany increases fiscal 2018 full year guidance for adjusted EPS
CLEVELAND, Feb. 01, 2018 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported... More
