Brief: Applied Industrial Technologies Reports Q1 Earnings Per Share $0.89

Applied Industrial Technologies

28/10/2020 11:43

Oct 28 (Reuters) - Applied Industrial Technologies Inc
 AIT.N :
    * APPLIED INDUSTRIAL TECHNOLOGIES REPORTS FISCAL 2021 FIRST
QUARTER RESULTS
    * Q1 EARNINGS PER SHARE $0.89
    * Q1 SALES $747.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$727.3
MILLION
    * Q1 EARNINGS PER SHARE ESTIMATE $0.64 -- REFINITIV IBES
DATA
    * APPLIED INDUSTRIAL TECHNOLOGIES - DUE TO ONGOING
UNCERTAINTY
FROM COVID-19 PANDEMIC, CONTINUES TO REFRAIN FROM PROVIDING
FINANCIAL GUIDANCE FOR FY2021
    * SAYS PROJECT Q2 SALES TO DECLINE 13% TO 14% YEAR OVER YEAR
ON
ORGANIC BASIS

Source text for Eikon:  ID:nBw6qQp0Ga 
Further company coverage:  AIT.N 

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