Applied Industrial Technologies Beats Q1 Earnings Estimates
AIT Applied Industrial Technologies Inc
$297.32 +4.92%
View chart & analysis → - 1Applied Industrial Technologies Inc. reported fiscal first quarter earnings per share of $2.97.
- 2This exceeded the $2.86 earnings per share estimate from 4 analysts surveyed by Zacks Investment Research.
- 3Applied Industrial Technologies Inc. revenue of $1.29 billion for the period fell short of expectations.
So what's the key point?
Applied Industrial Technologies Inc. earned more profit than experts expected. However, revenue was lower than expected, resulting in mixed news for investors.
Source Associated Press +3 · View original ↗
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