Applied Industrial Technologies Reports Fiscal 2020 First Quarter Results

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Go back to Applied Industrial Technologies Reports Fiscal 2020 First Quarter Results

Applied Industrial Technologies (AIT) Tops Q1 EPS by 3c, Reaffirms Guidance

October 30, 2019 6:32 AM EDT

Applied Industrial Technologies (NYSE: AIT) reported Q1 EPS of $1.02, $0.03 better than the analyst estimate of $0.99. Revenue for the quarter came in at $856.4 million versus the consensus estimate of $837.31 million.

Outlook:

Mr. Schrimsher concluded, With performance running largely in line with our fiscal 2020... More