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	<title>Stock Blog Hub &#187; Consensus Estimate</title>
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		<title>(PH) Parker Hannifin Corporation Surpasses Expectations</title>
		<link>http://www.stockbloghub.com/2009/11/09/ph-parker-hannifin-corporation-surpasses-expectations/20137</link>
		<comments>http://www.stockbloghub.com/2009/11/09/ph-parker-hannifin-corporation-surpasses-expectations/20137#comments</comments>
		<pubDate>Tue, 10 Nov 2009 00:10:55 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Industrial Equipment & Components]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Consensus Estimate]]></category>
		<category><![CDATA[Earnings Report]]></category>
		<category><![CDATA[Eaton Corporation]]></category>
		<category><![CDATA[ETN]]></category>
		<category><![CDATA[HON]]></category>
		<category><![CDATA[Honeywell International Inc.]]></category>
		<category><![CDATA[Parker Hannifin Corporation]]></category>
		<category><![CDATA[PH]]></category>

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		<description><![CDATA[Parker Hannifin Corporation (PH) reported fiscal 2010 first quarter net income, which declined 71% to $73.5 million from $250.2 million in the first quarter of fiscal 2009. Earnings per diluted share declined 70% to 45 cents. This was higher than the Zacks Consensus Estimate of 17 cents. Sales were $2.2 billion in the quarter, a decline of 27% from $3.1 billion in the first quarter a year ago. In the Industrial North America segment, sales declined 29.3% to $783.1 million and operating income declined 52.5% to $76.2 million, compared with the same period a year ago. In the Industrial International segment, sales declined 30.5% to $850.3 million, and operating income declined 69.5% to $61.8 million compared with the same period a year ago. In the Aerospace segment, sales decreased 12.9% ]]></description>
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