Summary
Parker-Hannifin Corporation (PH) filed an 8-K on October 18, 2011, to report on its financial results for the quarter ended September 30, 2011. The filing primarily served as a disclosure of earnings, referencing a press release and a webcast presentation detailing the company's performance. Investors should note that the company provided sales growth figures that exclude the impact of acquisitions and foreign currency exchange rates. This exclusion is a key point for investors, as it allows for a clearer understanding of the organic growth and operational performance of Parker-Hannifin's core businesses, separate from the effects of strategic expansion and currency fluctuations. The provided exhibits, the press release (Exhibit 99.1) and webcast presentation (Exhibit 99.2), contain the detailed financial information and management's commentary on these results.
Key Highlights
- 1Parker-Hannifin reported its financial results for the quarter ending September 30, 2011.
- 2The company issued a press release and held a webcast to announce these earnings.
- 3Key financial disclosures were made under Items 2.02 (Results of Operations and Financial Condition) and 7.01 (Regulation FD Disclosure).
- 4The filing includes references to sales growth metrics that exclude the impact of acquisitions.
- 5Sales growth figures also exclude the effects of foreign currency exchange rates, providing a view of organic performance.
- 6The press release and webcast presentation are filed as exhibits (99.1 and 99.2) for detailed investor review.
- 7The filing was made on October 18, 2011.