Applied Industrial Technologies (NYSE: AIT) reported Q1 EPS of $0.86, $0.10 better than the analyst estimate of $0.76. Revenue for the quarter came in at $680.7 million versus the consensus estimate of $667.7 million.

GUIDANCE:

Applied Industrial Technologies sees FY2018 EPS of $3.10-$3.20, versus the consensus of $3.10. Sees sales increase of 4% to 5%.

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