Applied Industrial Technologies (AIT) Reports Q2 Earnings: What Key Metrics Have to Say

For the quarter ended December 2024, Applied Industrial Technologies (AIT) reported revenue of $1.07 billion, down 0.4% over the same period last year. EPS came in at$ 2.39, compared to $2.24 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of$ 1.08 billion, representing a surprise of -0.53%. The company delivered an EPS surprise of +7.66%, with the consensus EPS estimate being $2.22.While investors scrutinize revenue and earnings changes year-over-year and how they comp ...