Applied Industrial Technologies (AIT) Raises Quarterly Dividend 3.4% to $0.30; 1.7% Yield

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Applied Industrial Technologies (AIT) Tops Q2 EPS by 8c, Beats on Revenues; Boosts FY18 EPS Guidance Above Consensus

January 25, 2018 6:36 AM EST

Applied Industrial Technologies (NYSE: AIT) reported Q2 EPS of $0.79, $0.08 better than the analyst estimate of $0.71. Revenue for the quarter came in at $667.2 million versus the consensus estimate of $653.84 million.

Outlook

In light of recent performance, U.S. tax reform and continued favorable... More