Investing.com - Parker-Hannifin (NYSE:PH) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Parker-Hannifin announced earnings per share of $4.38 on revenue of $3.96B. Analysts polled by Investing.com anticipated EPS of $4.33 on revenue of $3.93B.
Parker-Hannifin shares are up 11% from the beginning of the year and are trading at $303.35 , down-from-52-week-high.They are under-performing the S&P 500 which is up 17.22% from the start of the year.
Parker-Hannifin follows other major Industrials sector earnings this month
Parker-Hannifin's report follows an earnings beat by United Parcel Service on Tuesday, July 27, 2021, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.81 on revenue of $23.19B.
Honeywell had beat expectations on Friday, July 23, 2021 with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.
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