Applied Industrial Technologies (AIT) Tops Q3 EPS by 12c; Raises Outlook

Applied Industrial Technologies (NYSE: AIT) reported Q3 EPS of $0.75, $0.12 better than the analyst estimate of $0.63. Revenue for the quarter came in at $679.3 million versus the consensus estimate of $638.13 million.

GUIDANCE:

Applied Industrial Technologies sees FY2017 EPS of $2.74-$2.84, versus prior of $2.50-$2.60 and the consensus of $2.61.

For earnings history and earnings-related data on Applied Industrial Technologies (AIT) click here.

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