[ad_1]
Parker-Hannifin (NYSE:PH – Get Free Report) announced its earnings results on Thursday. The industrial products company reported $7.69 earnings per share for the quarter, topping analysts’ consensus estimates of $7.08 by $0.61. Parker-Hannifin had a net margin of 17.79% and a return on equity of 26.80%. The company had revenue of $5.24 billion during the quarter, compared to the consensus estimate of $5.10 billion. During the same period in the previous year, the firm posted $6.77 earnings per share. The company’s revenue was up 1.1% on a year-over-year basis.
[ad_2]
Source link
Parker-Hannifin (NYSE:PH) Issues Earnings Results, Beats Expectations By $0.61 EPS
