Parker-Hannifin (PH) Tops Q3 EPS by 68c, Revenues Beat; Withdraws FY20 Guidance
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Parker Reports Fiscal 2020 Third Quarter Results
April 30, 2020 7:31 AM EDT-Â Â Â Â Â Â EPS were $2.83 as reported, or $2.92 adjusted
-Â Â Â Â Â Â Total segment operating margin was 15.8% as reported, or 16.9% adjusted
-Â Â Â Â Â Â EBITDA margin was 18.2% as reported, or 19.3% adjusted
-Â Â Â Â Â Â Cash flow from operations was a Q3 YTD record at $1.3 billion and reached 12.3% of sales
-Â Â Â Â Â Â Company withdraws fiscal 2020 full year guidance
CLEVELAND, April 30, 2020 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2020 third quarter ended March 31, 2020. Fiscal 2020 third quarter sales were $3.70 billion, compared with $3.69 billion in the prior year quarter. Net income was $367.3... More
