Parker Hannifin Earnings Preview For Tuesday's Release (PH)
Parker Hannifin Corp (NYSE:PH) is nearing the of release last fiscal quarter's results before the opening bell on April 24, 2012. We can review how Parker Hannifin Corp has executed for investors recently.
Who They Are:
Parker Hannifin Corporation manufactures fluid power systems, electromechanical controls, and related components worldwide. The company was founded in 1918 and is headquartered in Cleveland, Ohio. Parker Hannifin Corp trades an average of 1.1 million shares per day and has a marketcap of $12.6 Billion.
Book Value: $34.18
Float Short: 2.65%
What To Expect:
Analysts are expecting an improvement of $0.16 in earnings per share compared to last quarter's results of $1.56. A beat of $1.72 per share will top the estimated mean earnings.
Analyst estimates range between $1.67 and $1.78 per share.
Recent Stock and Valuation Performance:
The current trailing twelve months P/E ratio is 12. The forward P/E ratio is 11.72.
From a month ago, the stock has decreased in price -5.28%, and moving in price -9.52% from one year ago.
When comparing to the S&P 500, the year to date difference is -1.27%.
Here are the last few quarters to get an idea how well they perform compared to estimates
Reported earnings per share compared to the mean estimate. Differences are rounded.
Paid2Trade uses information believed to be correct, but is not guaranteed and is not independently checked for accuracy You may wish to use this article as a starting point of your own research with your financial planner. Seeking Alpha, Edgar Online, Zacks and Yahoo Finance provides most of the data. paid2trade.com uses the "confirmed" symbols from earnings.com that believed to be of the most interest.