Parker Hannifin Corp. Q4 adjusted earnings Beat Estimates

(RTTNews) - Parker Hannifin Corp. (PH) revealed earnings for its fourth quarter that rose from last year.

The company's earnings totaled $353.26 million, or $2.62 per share. This compares with $293.31 million, or $2.15 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.91 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.1% to $3.82 billion from $3.50 billion last year.

Parker Hannifin Corp. earnings at a glance:

-EPS (Q4): $3.22 vs. $2.45 last year. -Analysts Estimate: $2.91 -Revenue (Q4): $3.82 Bln vs. $3.50 Bln last year.