CLEVELAND (AP) _ Parker-Hannifin Corp. (PH) on Thursday reported fiscal fourth-quarter profit of $504.8 million.

On a per-share basis, the Cleveland-based company said it had profit of $3.84. Earnings, adjusted for non-recurring costs, were $4.38 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.32 per share.

The maker of motion and control products posted revenue of $3.96 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $3.92 billion.

For the year, the company reported profit of $1.75 billion, or $13.35 per share. Revenue was reported as $14.35 billion.

Parker-Hannifin expects full-year earnings in the range of $16.20 to $17 per share.

Parker-Hannifin shares have climbed 11% since the beginning of the year, while the S&P's 500 index has increased 17%. The stock has risen 67% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PH at https://www.zacks.com/ap/PH

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