Summary
This 8-K filing from Parker-Hannifin Corporation (PH) on January 18, 2013, announces their earnings for the quarter ended December 31, 2012. The company provided a press release and webcast to share these results. A key focus for investors is the company's approach to reporting sales growth and operating cash flow, which includes adjustments for acquisitions, currency exchange rate fluctuations, and a discretionary pension plan contribution. These adjustments are made to offer a more comparable and meaningful evaluation of the company's underlying operational performance from one period to the next.
Key Highlights
- 1Parker-Hannifin announced Q4 2012 earnings via press release and webcast.
- 2The company is providing adjusted sales growth figures, excluding acquisitions and currency impacts.
- 3Operating cash flow as a percent of sales is also presented with adjustments for a discretionary pension plan contribution.
- 4These adjustments aim to provide a clearer, comparable view of operational performance.
- 5The press release (Exhibit 99.1) and webcast presentation (Exhibit 99.2) contain the detailed financial information.
Frequently Asked Questions
This 8-K filing primarily serves to announce Parker-Hannifin's financial results for the quarter ended December 31, 2012, and to provide investors with supplementary materials like a press release and webcast presentation.
Parker-Hannifin adjusts sales growth for acquisitions and currency exchange rates, and operating cash flow for a discretionary pension contribution, to provide investors with a clearer, more comparable view of the company's core operational performance over time, free from the impact of these specific items.
The detailed earnings information is available in the press release filed as Exhibit 99.1 and the webcast presentation filed as Exhibit 99.2 to this 8-K report.