Applied Industrial Technologies (AIT) Q4 Earnings and Revenues Beat Estimates

Applied Industrial Technologies (AIT) came out with quarterly earnings of $2.8 per share, beating the Zacks Consensus Estimate of $2.6 per share. This compares to earnings of $2.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +7.69%. A quarter ago, it was expected that this industrial products company would post earnings of $2.4 per share when it actually produced earnings of $2.57, delivering a surprise of +7.08%.Over the ...