Parker-Hannifin Q1 Profit Beats Expectations, Revenue Misses Expectations Via Investing.com

Investing.com – Parker-Hannifin Company (NYSE: ) Q1 Report Beats Analysts’ Estimates with lower-than-expected earnings, according to data released on Thursday.

Parker-Hannifin’s earnings per share (EPS) were $5.69 on revenue of $4.85B. Analyst consensus compiled by Investing.com had previously set expectations for the upcoming release at $5.31 per share on revenue of $4.88B.

Shares of Parker-Hannifin added 0.60% to $372.71 in premarket trading. After the news of earnings report

Besides Parker-Hannifin, there are other companies in the New York Stock Exchange’s industry group markets that report earnings this month

Union Pacific previously estimated Q3 earnings of $2.51 per share on revenue of $5.9B, and $2.46 on revenue of $5.99B.

Meanwhile, United Parcel Service’s most recently reported performance beat analyst estimates. Q3 earnings were $1.57 per share on revenue of $21.1B, beating analyst estimates for 2020. Investing.com expects EPS to be around $1.53 based on revenue of $21.5B.

Follow the latest developments in company profits with the Investing.com Earnings Calendar

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