Parker-Hannifin (PH) Surpasses Q1 Earnings Estimates

Parker-Hannifin (PH) came out with quarterly earnings of $6.20 per share, beating the Zacks Consensus Estimate of$ 6.13 per share. This compares to earnings of $5.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.14%. A quarter ago, it was expected that this maker of motion and control products would post earnings of$ 6.23 per share when it actually produced earnings of $6.77, delivering a surprise of 8.67%.Over the last fo ...