Applied Industrial Technologies Inc reports results for the quarter ended in December - Earnings Summary

Applied Industrial Technologies

27/01/2022 13:19

* Applied Industrial Technologies Inc  AIT.N  reported
quarterly
adjusted earnings of $1.46​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of $1.08 per share.
    * Revenue rose 16.7% to $876.87 million from a year ago; 
analysts
expected $850.88 million. 
    * Applied Industrial Technologies Inc's reported EPS for the
quarter was $1.46​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Applied Industrial Technologies Inc shares had fallen
by 5.9%
this quarter.
    * The company reported quarterly net income of $57.03
million.
    * Wall Street's median 12-month price target for Applied
Industrial Technologies Inc is $111.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated January 27 at 01:19 p.m.
 ​All figures in US dollars unless otherwise stated