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Parker-Hannifin (PH) Tops Q4 EPS by 20c; Issues FY20 EPS Outlook

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Parker Reports Fiscal 2019 Fourth Quarter and Full Year Results and Issues Fiscal 2020 Guidance

August 1, 2019 7:31 AM EDT

Fourth quarter EPS an all-time quarterly record at $3.17 as reported, or $3.31 adjusted
Fourth quarter total segment operating margin an all-time quarterly record at 17.4% as reportedFull year sales a record at $14.32 billionFull year total segment operating margin a record at 17.0%Full year operating cash flow a record at $1.73 billionFull year EBITDA margin was 17.9% as reported, or 18.2% adjusted Announced two transformational acquisitions expected to add ~$1.5 billion in revenue

CLEVELAND, Aug. 01, 2019 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH),... More