Parker Reports Fiscal 2021 Second Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- 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
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
Parker-Hannifin (PH) Tops Q2 EPS by 64c, Revenues Beat; Raises FY21 EPS Guidance
February 4, 2021 7:36 AM ESTParker-Hannifin (NYSE: PH) reported Q2 EPS of $3.44, $0.64 better than the analyst estimate of $2.80. Revenue for the quarter came in at $3.41 billion versus the consensus estimate of $3.22 billion.
Second quarter record net income of $447.3 million, EPS at $3.41 as reported, or $3.44 adjustedSecond quarter record total segment operating margin of 17.4% as reported, or 20.4% adjustedSecond quarter EBITDA margin was 23.1% as reported, or 20.8% adjustedCash flow from operations was a Q2 YTD record at $1.35 billion, or 20.4% of salesCumulative debt reduction reaches approximately $2.8 billion in the last 14 monthsCompany increases fiscal 2021 EPS guidance midpoint to $12.15 as... More