AIT 4Q EPS of $3.17 Tops Market Expectations

AIT -3.02% NVDA -0.74% TSM -2.09% SKHY -2.36% MU +4.06% 5 more

1. 1Applied Industrial Technologies (AIT) reported fiscal fourth-quarter net income of $118.6 million
2. 2EPS of $3.17 and revenue of $1.35 billion beat Wall Street estimates of $2.92 and $1.29 billion, respectively
3. 3Full-year net income of $414.5 million ($10.95 per share), with annual EPS guidance of $11.65–$12.15

Source Associated Press +5 · View original ↗

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