Parker-Hannifin (NYSE:PH – Get Free Report) released its quarterly earnings results on Thursday. The industrial products company reported $7.65 earnings per share for the quarter, beating the consensus estimate of $7.11 by $0.54, FiscalAI reports. sales, organic growth, segment margin expansion to 27.1%, adjusted EPS of (+17%), operating cash flow of , and a record backlog of . Morgan Stanley reiterated a “positive” rating on shares of Parker-Hannifin in a research report on Wednesday, January 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Parker-Hannifin in a research report on Thursday, January 22nd.