Profits, revenue for Parker Hannifin get a boost

08/4/2010 | Wall Street Journal, The · Bloomberg Businessweek

Parker Hannifin had profits of $222.2 million, or $1.35 per share, in its fiscal fourth quarter, a 35% increase from the same quarter fiscal 2009, beating analysts estimates of $1.08 per share. Net revenue was $2.79 billion, up 26% from the prior year. The company also expects this fiscal year's earnings to be $3.60 to $4.40 a share, just short of the $4.41 a share analysts were expecting.

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Wall Street Journal, The · Bloomberg Businessweek

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