Parker Hannifin Corporation Declares Quarterly Cash Dividend, Payable on December 6, 2013
Oct 23 13
Parker Hannifin Corporation announced that its Board of Directors has declared a regular quarterly cash dividend of 45 cents per share of common stock to shareholders of record as of November 8, 2013. The dividend is payable December 6, 2013.
Parker Hannifin Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended September 30, 2013; Revises Earnings Guidance for Fiscal Year Ending June 30, 2014
Oct 18 13
Parker Hannifin Corporation reported unaudited consolidated earnings results for the first quarter ended September 30, 2013. For the quarter, the company’s net sales were a record at $3,226,144,000 compared to $3,214,935,000 in the same period last year. Income before income taxes were $324,090,000 compared to $336,058,000 in the same period last year. Net income was $244,320,000 compared to $239,948,000 in the same period last year. Net income attributable to common shareholders $244,316,000 compared to $239,741,000 in the same period last year. Diluted earnings per share were $1.61 compared to $1.57 in the same period last year. Net cash provided by operating activities was $282,691,000 compared to use in operating activities was $6,971,000 in the same period last year. Capital expenditures was $56,651,000 compared to $76,685,000 in the same period last year.
For the fiscal year ending June 30, 2014, the company has increased guidance for earnings from continuing operations to the range of $7.78 to $8.38 per diluted share. Fiscal 2014 guidance includes expenses of $100 million or $0.47 per diluted share associated with its previously announced restructuring and an expected gain of $1.68 per diluted share associated with a joint venture agreement between Parker Aerospace and GE Aviation to be recorded in the quarter ending December 31, 2013.
Parker-Hannifin Corporation, Board Meeting, Apr 18, 2013
Oct 15 13
Parker-Hannifin Corporation, Board Meeting, Apr 18, 2013.
Parker-Hannifin Corporation, Board Meeting, Jul 26, 2012
Oct 15 13
Parker-Hannifin Corporation, Board Meeting, Jul 26, 2012.