Applied Industrial Technologies Reports Fiscal 2022 Second Quarter Results

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Applied Industrial Technologies (AIT) Tops Q2 EPS by 38c; Offers Upbeat Guidance

January 27, 2022 6:32 AM EST

Applied Industrial Technologies (NYSE: AIT) reported Q2 EPS of $1.46, $0.38 better than the analyst estimate of $1.08. Revenue for the quarter came in at $876.9 million versus the consensus estimate of $850.87 million.

GUIDANCE:

Applied Industrial Technologies sees FY2022 EPS of $5.70-$5.90, versus the... More