Parker-Hannifin Tops Expectations
Parker-Hannifin Corporation (NYSE:PH) reported earnings per share of $2.01 per share in the third quarter of fiscal 2012, compared to $1.68 in the year-ago quarter, easily beating the Zacks Consensus Estimate of $1.72. Total Revenue Parker-Hannifin posted sales of $3.4 billion, up 4.7% from the year-ago quarter. Organic sales growth came in at 6% driven by [...]
Parker-Hannifin Corporation (NYSE:PH) reported earnings per share of $2.01 per share in the third quarter of fiscal 2012, compared to $1.68 in the year-ago quarter, easily beating the Zacks Consensus Estimate of $1.72.
Total Revenue
Parker-Hannifin posted sales of $3.4 billion, up 4.7% from the year-ago quarter. Organic sales growth came in at 6% driven by double-digit growth in the Industrial segment in North America. However, currency translation adversely impacted sales by 1% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards