Parker Hannifin Corp

PH: XNYS (USA)
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Parker Hannifin Earnings: Industrial Acceleration Causes Further Dislocation From Fair Value

Parker Hannifin reported fiscal fourth-quarter organic sales growth of 8.0% year over year. For the full year, Parker grew its top line 8.3%, and over 100 basis points of operating margin expansion amounted to 18% adjusted earnings per share growth.

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