Parker Reports Fiscal 2015 Fourth Quarter and Full Year Results

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Parker-Hannifin (PH) Misses Q4 EPS by 44c, FY16 Guidance Falls Short

August 4, 2015 7:33 AM EDT

Parker-Hannifin (NYSE: PH) reported Q4 EPS of $1.43, $0.44 worse than the analyst estimate of $1.87. Revenue for the quarter came in at $3.14 billion versus the consensus estimate of $3.19 billion.

Parker-Hannifin sees FY2016 EPS of $6.65-$7.35, versus the consensus of $7.69.

"We anticipate continued end market weakness... More