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

Applied Industrial Technologies

27/10/2021 13:45

* Applied Industrial Technologies Inc  AIT.N  reported quarterly
adjusted earnings of $1.43​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of $1.26 per share.
* Revenue rose 19.2% to $891.68 million from a year ago; 
analysts expected $877.00 million. 
* Applied Industrial Technologies Inc's reported EPS for the
quarter was $1.36​.
* The mean earnings estimate of analysts had risen by
about 10.7% 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 risen by 12.7%
this quarter and gained 30.2% so far this year.
* The company reported quarterly net income of $52.97 million.
* Wall Street's median 12-month price target for Applied
Industrial Technologies Inc is $110.00 
* 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 October 27 at 12:45 p.m.
 ​All figures in US dollars unless otherwise stated