Parker Hannifin cuts profit outlook

DIVERSIFIED equipment manufacturer Parker Hannifin has revised its earnings for the March quarter amid lingering effects of a widespread industrial recession.

Parker Hannifin cuts profit outlook Parker Hannifin cuts profit outlook Parker Hannifin cuts profit outlook Parker Hannifin cuts profit outlook Parker Hannifin cuts profit outlook

In January the company predicted third quarter earnings between US55c and 65c per share. This has now been downgraded to between US43c and 53c per share.

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