Parker-Hannifin (PH) Tops Q3 EPS by 7c
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Parker Reports Fiscal 2015 Third Quarter Results
April 28, 2015 7:30 AM EDTCLEVELAND, April 28, 2015 /PRNewswire/ -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced results for the fiscal 2015 third quarter ended March 31, 2015. Fiscal 2015 third quarter sales decreased 6 percent to $3.16 billion, primarily as a result of the impact of changes in foreign currency rates, compared with $3.36 billion in the same quarter a year ago.  Fiscal 2015 third quarter net income was $285.5 million, an increase of 18 percent, compared with $242.5 million in the third quarter of fiscal 2014. Fiscal 2015 third quarter earnings per diluted share were $2.02, an increase of 26 percent, compared... More
