Applied Industrial Tech Q4 EPS $2.02 Beats $1.66 Estimate, Sales $1.10B Beat $977.43M Estimate

Applied Industrial Tech (NYSE:AIT) reported quarterly earnings of $2.02 per share which beat the analyst consensus estimate of $1.66 by 21.69 percent. This is a 33.77 percent increase over earnings of $1.51 per share

Applied Industrial Tech (NYSE:AIT) reported quarterly earnings of $2.02 per share which beat the analyst consensus estimate of $1.66 by 21.69 percent. This is a 33.77 percent increase over earnings of $1.51 per share from the same period last year. The company reported quarterly sales of $1.10 billion which beat the analyst consensus estimate of $977.43 million by 12.54 percent. This is a 22.78 percent increase over sales of $895.89 million the same period last year.

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