Applied Industrial Technologies (AIT) Q2 Earnings and Revenues Beat Estimates

Applied Industrial Technologies (AIT) came out with quarterly earnings of $2.24 per share, beating the Zacks Consensus Estimate of $2.11 per share. This compares to earnings of $2.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.16%. A quarter ago, it was expected that this industrial products company would post earnings of $2.07 per share when it actually produced earnings of $2.39, delivering a surprise of 15.46%.Over th ...