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Parker Hannifin Corp. (PH) Misses Q1 EPS by 16c; Cuts Fy13 EPS Outlook

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Analysts Sidelined on Parker-Hannifin (PH) Waiting for Macro Improvements

October 22, 2012 11:10 AM EDT

Analyst at MKM remain on the sidelines when it comes to shares Parker-Hannifin Corporation (NYSE: PH).

"We believe to call PH shares with any precision at this point is to call the cycle," said analyst Joshua Pokrzywinski. He expects the multiple to... More

Tough Quarter at Parker Hannifin (PH) Raises Questions

October 19, 2012 1:14 PM EDT

Shares of Parker Hannifin Corp. (NYSE: PH) are trading lower after the company reported Q1 EPS of $1.57, $0.16 worse than the analyst estimate of $1.73. Parker Hannifin also lowered 2013 EPS to $6.15-6.75, versus prior guidance of $7.10-7.90 and the consensus of $7.44.

Analysts at MKM... More