Benzinga | Oct 27, 2021 07:10AM EDT

Applied Industrial Tech Q1 EPS $1.36 Beats $1.26 Estimate, Sales $891.70M Beat $877.00M Estimate

Applied Industrial Tech (NYSE:AIT) reported quarterly earnings of $1.36 per share which beat the analyst consensus estimate of $1.26 by 7.94 percent. This is a 52.81 percent increase over earnings of $0.89 per share from the same period last year. The company reported quarterly sales of $891.70 million which beat the analyst consensus estimate of $877.00 million by 1.68 percent. This is a 19.24 percent increase over sales of $747.81 million the same period last year.