Summary
This 8-K filing by Parker-Hannifin Corporation (PH), dated August 1, 2006, announces the company's financial results for the quarter ended June 30, 2006. The report primarily serves as a disclosure of these earnings, referencing an accompanying press release and webcast presentation. A key aspect highlighted is the company's presentation of earnings per share on a non-GAAP basis, excluding the impact of a loss recognized from the sale of a division. This exclusion is intended to provide investors with a clearer view of ongoing operational performance by removing a one-time event that affected comparability with prior periods. Investors should review the referenced press release (Exhibit 99.1) and webcast presentation (Exhibit 99.2) for detailed financial figures and management's commentary on the quarter's performance and its strategic implications. The filing also confirms the CFO, Timothy K. Pistell, as the signatory.
Key Highlights
- 1Parker-Hannifin Corporation (PH) filed an 8-K on August 1, 2006, reporting financial results for the quarter ended June 30, 2006.
- 2The filing references an accompanying press release (Exhibit 99.1) and webcast presentation (Exhibit 99.2) for detailed earnings information.
- 3The company provided non-GAAP earnings per share (EPS) figures that exclude the impact of a loss from a divested division.
- 4The exclusion of the divisional sale loss is to facilitate a more meaningful comparison of ongoing operational performance.
- 5This approach aims to offer investors a clearer perspective on the company's core business trends.
- 6The report was filed in accordance with Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).
- 7Timothy K. Pistell, Executive Vice President - Finance and Administration and Chief Financial Officer, signed the report.