Parker-Hannifin (PH) Tops Q2 Earnings Estimates

Parker-Hannifin (PH) came out with quarterly earnings of $6.53 per share, beating the Zacks Consensus Estimate of $6.22 per share. This compares to earnings of $6.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.98%. A quarter ago, it was expected that this maker of motion and control products would post earnings of $6.13 per share when it actually produced earnings of $6.20, delivering a surprise of 1.14%.Over the last fo ...