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IsoRay (ISR) Reports Q3 Loss, Tops Revenue Estimates
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New Relic (NEWR) Reports Q4 Loss, Tops Revenue Estimates
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Parker-Hannifin (PH) to Gain From Healthy Demand Amid Cost Woes Zacks.com 3 hrs ago
Parker-Hannifin Corporation PH on May 13.
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The Cleveland, OH-based company manufactures and provides various motion & control technologies and systems. Notably, its precision-engineered solutions are used widely in mobile, industrial and aerospace markets. The company belongs to the Zacks Manufacturing - General Industrial industry, which, in turn, comes under the ambit of the Zacks Industrial Products sector.
There are a number of factors that are influencing Parker-Hannifin’s prospects. A brief discussion on important factors is discussed below:
Financial Performance and Projections: The company delivered better-than-expected results for the third quarter of fiscal 2021 (ended Mar 31, 2021). Its earnings and sales surpassed the Zacks Consensus Estimate by 9.60% and 1%, respectively. The bottom-line results benefited from improvements in sales and margins.
The Zacks Rank Explained: How to Find Strong Buy Basic Materials Stocks Zacks.com 3 hrs ago
It doesn t matter if you re a growth, value, income, or momentum-focused investor building a successful investment portfolio takes skill, research, and a little bit of luck.
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Enter the Zacks Rank.
What is the Zacks Rank?
The Zacks Rank, which is a unique, proprietary stock-rating model, employs earnings estimate revisions, or changes to a company s earnings expectations, that makes building a winning portfolio easier.
There are four main factors behind the Zacks Rank: Agreement, Magnitude, Upside, and Surprise.
Agreement is the extent to which all brokerage analysts are revising their earnings estimates in the same direction. The greater the percentage of analysts revising their estimates higher, the better chance the stock will outperform.
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