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Parker-Hannifin Exceeds Market Expectations for Fiscal Q1 Net Income and Revenue

Associated Press +1 · ·by G4L

PH Parker-Hannifin Corp
$965.17 +0.90%
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  1. 1Parker-Hannifin recorded fiscal Q1 net income of $884 million.
  2. 2Parker-Hannifin announced revenue of $5.99 billion.
  3. 3Parker-Hannifin expects annual earnings per share to be between $36.45 and $37.25.

So what's the key point?

Parker-Hannifin earned more money in the first quarter than experts expected. The company also raised its expected profit per share for the full year.

Source Associated Press +1 · View original ↗

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