Applied Industrial Technologies Inc (AIT) announced a profit for its third quarter that increased from the same period last year
The company's earnings totaled $99.80 million, or $2.57 per share. This compares with $97.22 million, or $2.48 per share, last year.
The company's revenue for the period rose 1.7% to $1.166 billion from $1.146 billion last year.
Applied Industrial Technologies Inc earnings at a glance (GAAP) :
-Earnings: $99.80 Mln. vs. $97.22 Mln. last year.-EPS: $2.57 vs. $2.48 last year.-Revenue: $1.166 Bln vs. $1.146 Bln last year.
-Guidance:Next quarter EPS guidance: $2.52 - $2.67Full year EPS guidance: $9.85 to $10.00
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