SQUAWK/NEWS
Account
Account
Menu
Live News EARNINGS ARTICLE L impact

Applied Industrial Technologies Q4 beats estimates; raises FY EPS outlook

Applied Industrial Technologies reports Q4 operating income of $159.305 million and net income of $118.6 million versus IBES estimates, with Q4 sales of $1,352.687 million and FY EPS outlook of $11.65 to $12.15.

OBJECTOBJECT

APPLIED INDUSTRIAL TECHNOLOGIES Q4 OPERATING INCOME USD 159.305 MILLION VS.

IBES ESTIMATE USD 147.5 MILLION || Q4 NET INCOME USD 118.6 MILLION VS.

IBES ESTIMATE USD 109.4 MILLION || Q4 EPS USD 3.17 || Q4 GROSS PROFIT USD 411.218 MILLION || Q4 SALES USD 1,352.687 MILLION VS.

IBES ESTIMATE USD 1,293 MILLION || Q4 BASIC EPS USD 3.21 || Q4 PRETAX PROFIT USD 157.789 MILLION VS.

IBES ESTIMATE USD 144.6 MILLION || Q4 EBITDA USD 177.6 MILLION VS.

IBES ESTIMATE USD 164.2 MILLION || OUTLOOK FY EPS $11.65 TO $12.15 || OUTLOOK FY TOTAL SALES GROWTH 4.0% TO 6.5%