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Applied Industrial Technologies (AIT) Q2 Earnings and Revenues Beat Estimates
AITApplied Industrial Technologies(AIT) Zacks Investment Research·2024-01-25 13:40

Applied Industrial Technologies (AIT) came out with quarterly earnings of 2.24pershare,beatingtheZacksConsensusEstimateof2.24 per share, beating the Zacks Consensus Estimate of 2.11 per share. This compares to earnings of 2.05pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof6.162.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.16%. A quarter ago, it was expected that this industrial products company would post earnings of 2.07 per share when it actually produced earnings of $2.39, delivering a surprise of 15.46%.Over th ...