Tough Quarter at Parker Hannifin (PH) Raises Questions

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Go back to Tough Quarter at Parker Hannifin (PH) Raises Questions

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

October 19, 2012 7:31 AM EDT

Parker Hannifin Corp. (NYSE: PH) reported Q1 EPS of $1.57, $0.16 worse than the analyst estimate of $1.73. Revenue for the quarter came in at $3.21 billion versus the consensus estimate of $3.23 billion.

Parker Hannifin Corp. sees FY2013 EPS of $6.15-6.75, versus prior guidance of $7.10-7.90 and the... More