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Applied Industrial Technologies Fiscal Q4 Earnings Rise, Revenue Flat
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Applied Industrial Technologies Fiscal Q4 Earnings Rise, Revenue Flat
Aug 15, 2024 4:30 AM

07:07 AM EDT, 08/15/2024 (MT Newswires) -- Applied Industrial Technologies ( AIT ) reported fiscal Q4 earnings Thursday of $2.64 per diluted share, up from $2.35 a year earlier.

Three analysts surveyed by Capital IQ expected $2.50.

Revenue for the quarter ended June 30 was $1.16 billion, flat compared with a year earlier.

Analysts polled by Capital IQ expected $1.19 billion.

The company said it expects fiscal 2025 earnings of $9.20 to $9.95 per share. Three analysts polled by Capital IQ expect $10.18.

Price: 196.00, Change: -2.55, Percent Change: -1.28

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