Applied Industrial Technologies Reports Fiscal 2016 Fourth Quarter and Year-End Results

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Applied Industrial Technologies (AIT) Reports In-Line Q4 EPS

August 12, 2016 6:44 AM EDT

Applied Industrial Technologies (NYSE: AIT) reported Q4 EPS of $0.66, in-line with the analyst estimate of $0.66. Revenue for the quarter came in at $63 million versus the consensus estimate of $643.13 million.

GUIDANCE:

Applied Industrial Technologies sees FY2017 EPS of $2.40-$2.60, versus the... More