Parker Reports Fiscal 2020 Second Quarter Results

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Parker-Hannifin (PH) Tops Q2 EPS by 27c, Updates FY Guidance

January 30, 2020 7:32 AM EST

Parker-Hannifin (NYSE: PH) reported Q2 EPS of $2.54, $0.27 better than the analyst estimate of $2.27. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.45 billion.

GUIDANCE:

Parker-Hannifin sees FY2020 EPS of $10.25-$10.85, versus the consensus of $10.68.

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