Summary
This 8-K filing from Parker-Hannifin Corporation (PH) on January 20, 2009, primarily serves to disclose earnings results for the quarter ended December 31, 2008. The company issued a press release and conducted a webcast to announce these results, providing investors with key financial performance data. The filing highlights the company's practice of presenting sales growth excluding the impacts of acquisitions and foreign currency fluctuations, a methodology intended to offer a more comparable view of underlying business performance.
Key Highlights
- 1Parker-Hannifin Corporation filed an 8-K on January 20, 2009, reporting on financial results for the quarter ending December 31, 2008.
- 2The filing includes a press release (Exhibit 99.1) and a webcast presentation (Exhibit 99.2) detailing the company's financial performance.
- 3The company provided sales growth figures that exclude the effects of acquisitions.
- 4Sales growth was also reported excluding the impact of foreign currency exchange rates.
- 5The exclusion of acquisition and currency effects is intended to provide investors with a comparable basis for evaluating period-to-period sales changes.
- 6The report was signed by Timothy K. Pistell, Executive Vice President - Finance and Administration and Chief Financial Officer.
- 7The filing falls under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).