Applied Industrial Q2 Adj. EPS $2.24 Beats $2.11 Estimate, Sales $1.08B Beat $1.06B Estimate

Author: Benzinga Newsdesk | January 25, 2024 07:32am

Applied Industrial (NYSE:AIT) reported quarterly adjusted earnings of $2.24 per share which beat the analyst consensus estimate of $2.11 by 6.16 percent. This is a 0.9 percent increase over earnings of $2.22 per share from the same period last year. The company reported quarterly sales of $1.08 billion which beat the analyst consensus estimate of $1.06 billion by 1.60 percent. This is a 1.60 percent increase over sales of $1.06 billion the same period last year.

Posted In: AIT