Applied Industrial Technologies (AIT) Tops Q1 EPS by 15c; raises guidance
Applied Industrial Technologies (NYSE: AIT) reported Q1 EPS of $2.63, $0.15 better than the analyst estimate of $2.48. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.19 billion.
GUIDANCE:
Applied Industrial Technologies sees FY2026 EPS of $10.10-$10.85, versus the consensus of $10.56.
The Company is maintaining guidance for sales of up 4% to up 7% including up 1% to 4% on an organic basis, as well as EBITDA margins of 12.2% to 12.5%. Guidance incorporates ongoing macro uncertainty tied to the evolving trade and tariff backdrop, as well as inflationary headwinds and growth investments. Guidance does not assume contribution from future acquisitions or share buybacks.
For earnings history and earnings-related data on Applied Industrial Technologies (AIT) click here.
