Brief: Applied Industrial Technologies Reports Fiscal 2021 Second Quarter Results

Applied Industrial Technologies

28/01/2021 11:37

Jan 28 (Reuters) - Applied Industrial Technologies Inc
 AIT.N :
    * APPLIED INDUSTRIAL TECHNOLOGIES REPORTS FISCAL 2021 SECOND
QUARTER RESULTS
    * Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.98 EXCLUDING
ITEMS
    * Q2 LOSS PER SHARE $0.14
    * Q2 SALES $751.3 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$736.8
MILLION
    * Q2 EARNINGS PER SHARE ESTIMATE $0.74 -- REFINITIV IBES
DATA
    * WOULD PROJECT FISCAL 2021 Q3 SALES TO DECLINE 3% TO 4%
YEAR OVER
YEAR ON AN ORGANIC BASIS
    * QUARTERLY DIVIDEND INCREASED TO $0.33 PER SHARE
    * WOULD PROJECT FISCAL 2021 Q3 SALES TO DECLINE 3% TO 4%
YEAR OVER
YEAR ON AN ORGANIC BASIS

Source text for Eikon:  ID:nBw8LyBhba 
Further company coverage:  AIT.N 

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