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Parker Hannifin Initiates FY23 Outlook; Q3 Profit Plunges

Parker Hannifin Initiates FY23 Outlook; Q3 Profit Plunges

While reporting financial results for the fourth quarter on Thursday, Parker Hannifin Corp. (PH) initiated its earnings, adjusted earnings and organic sales growth guidance for the full-year 2022. The company said its outlook excludes the pending acquisition of Meggitt plc.
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