Parker-Hannifin (PH) Tops Q1 EPS by 31c, Updates Guidance

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Go back to Parker-Hannifin (PH) Tops Q1 EPS by 31c, Updates Guidance

Parker Reports Fiscal 2019 First Quarter Results

November 1, 2018 7:30 AM EDT

Sales increased 3% to $3.48 billion; organic sales increased 6%All-time quarterly records set for total segment operating margins, EPS, Net Income and ROS Total segment operating margins reached 17% as reported, or 17.2% adjustedEPS increased 33% to $2.79 as reported, or $2.84 adjustedEBITDA margins increased 155 basis points to 17.7% as reported, or 18.0% adjustedCompany increases fiscal 2019 full year guidance

CLEVELAND, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2019 first quarter ended September 30,... More