Benzinga | Aug 6, 2020 07:37AM EDT

Parker Hannifin Q4 Adj. EPS $2.55 Beats $1.51 Estimate, Sales $3.16B Beat $2.88B Estimate

Parker Hannifin (NYSE:PH) reported quarterly earnings of $2.55 per share which beat the analyst consensus estimate of $1.51 by 68.87 percent. This is a 22.96 percent decrease over earnings of $3.31 per share from the same period last year. The company reported quarterly sales of $3.16 billion which beat the analyst consensus estimate of $2.88 billion by 9.72 percent. This is a 14.15 percent decrease over sales of $3.68 billion the same period last year.