Applied Industrial Technologies (AIT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Applied Industrial Technologies(AIT) ZACKS·2024-10-26 03:01
Applied Industrial Technologies (AIT) reported $1.1 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 0.3%. EPS of $2.36 for the same period compares to $2.39 a year ago.The reported revenue represents a surprise of +1.20% over the Zacks Consensus Estimate of $1.09 billion. With the consensus EPS estimate being $2.24, the EPS surprise was +5.36%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they co ...