Applied Industrial Technologies Reports Fiscal 2022 First Quarter Results

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Applied Industrial Technologies (AIT) Tops Q1 EPS by 10c, Offers FY Guidance

October 27, 2021 6:33 AM EDT

Applied Industrial Technologies (NYSE: AIT) reported Q1 EPS of $1.36, $0.10 better than the analyst estimate of $1.26. Revenue for the quarter came in at $891.7 million versus the consensus estimate of $877 million.

GUIDANCE:

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