Parker-Hannifin (PH) Tops Q2 EPS by 64c, Revenues Beat; Raises FY21 EPS Guidance
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Parker Reports Fiscal 2021 Second Quarter Results
February 4, 2021 7:30 AM EST- Second quarter record net income of $447.3 million, EPS at $3.41 as reported, or $3.44 adjusted- Second quarter record total segment operating margin of 17.4% as reported, or 20.4% adjusted- Second quarter EBITDA margin was 23.1% as reported, or 20.8% adjusted- Cash flow from operations was a Q2 YTD record at $1.35 billion, or 20.4% of sales- Cumulative debt reduction reaches approximately $2.8 billion in the last 14 months- Company increases fiscal 2021 EPS guidance midpoint to $12.15 as reported, or $13.90 adjusted
CLEVELAND, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and... More
