Applied Industrial Technologies Reports Fiscal 2018 Fourth Quarter and Year-End Results

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Go back to Applied Industrial Technologies Reports Fiscal 2018 Fourth Quarter and Year-End Results

Applied Industrial Technologies (AIT) Tops Q4 EPS by 3c, Revenues Beat; Offers FY19 EPS Mid-Point Outlook Below Consensus

August 10, 2018 6:32 AM EDT

Applied Industrial Technologies (NYSE: AIT) reported Q4 EPS of $1.03, $0.03 better than the analyst estimate of $1.00. Revenue for the quarter came in at $897.7 million versus the consensus estimate of $882.74 million.

Record Full-Year Sales of $3.1 Billion, up 18.5%Fourth Quarter Sales of $897.7 Million, up 31.7%; 9.3% Organic Sales GrowthFourth Quarter Net Income of $40.4 Million, EPS of $1.03Record Fourth... More