ARC Document Solutions (NYSE:ARC) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $0.07 by 28.57 percent. This is a 12.5 percent increase over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $73.14 million which beat the analyst consensus estimate of $71.00 million by 3.01 percent. This is a 0.97 percent increase over sales of $72.43 million the same period last year.
Barclays Maintains Overweight on Parker Hannifin, Lowers Price Target to $320
Barclays analyst Julian Mitchell maintains Parker Hannifin (NYSE:PH) with a Overweight and lowers the price target from $340 to $320.