Applied Industrial Technologies (AIT) Q4 Earnings Surpass Estimates

Applied Industrial Technologies (AIT) came out with quarterly earnings of $2.64 per share, beating the Zacks Consensus Estimate of$ 2.52 per share. This compares to earnings of $2.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.76%. A quarter ago, it was expected that this industrial products company would post earnings of$ 2.40 per share when it actually produced earnings of $2.48, delivering a surprise of 3.33%.Over the ...