Parker-Hannifin (PH) Tops Q2 EPS by 27c, Updates FY Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Parker Reports Fiscal 2020 Second Quarter Results
January 30, 2020 7:30 AM EST- Sales were a second quarter record at $3.50 billion - EPS were $1.57 as reported, or $2.54 adjusted- Total segment operating margin was 13.9% as reported, or 15.8% adjusted- EBITDA margin was 13.8% as reported, or 18.5% adjusted- Cash flow from operations was a Q2 YTD record at $826.0 million and reached 12.1% of sales- Company increases fiscal 2020 full year guidance
CLEVELAND, Jan. 30, 2020 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2020 second quarter ended December 31, 2019. Fiscal 2020 second quarter sales were $3.50 billion, compared... More
