Applied Industrial Technologies Reports Fiscal 2021 Fourth Quarter and Full-Year Results

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Applied Industrial Technologies (AIT) Tops Q4 EPS by 41c, Offers FY22 Guidance

August 17, 2021 6:34 AM EDT

Applied Industrial Technologies (NYSE: AIT) reported Q4 EPS of $1.56, $0.41 better than the analyst estimate of $1.15. Revenue for the quarter came in at $895.9 million versus the consensus estimate of $841.55 million.

GUIDANCE:

Applied Industrial Technologies sees FY2022 EPS of $5.00-$5.40, versus the... More