Parker-Hannifin (PH) Surpasses Q1 Earnings and Revenue Estimates

Parker-Hannifin (PH) came out with quarterly earnings of $7.22 per share, beating the Zacks Consensus Estimate of$ 6.67 per share. This compares to earnings of $6.2 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +8.25%. A quarter ago, it was expected that this maker of motion and control products would post earnings of$ 7.08 per share when it actually produced earnings of $7.69, delivering a surprise of +8.62%.Over the last f ...