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AIT|EPS $2.65 vs $2.67 est (-0.7%)|Rev $1.25B|Net Income $99.8MApplied Industrial Technologies, Inc. (AIT) reported Q3 FY26 earnings of $2.65 per share, trailing the $2.67 consensus (miss by 0.7%). EPS was up 3.1% from $2.57 in Q3 2025. The company generated $1.25B in revenue for the quarter. Revenue was up 7.3% year-over-year.
Applied Industrial is an Industrial Distribution company. Organic sales growth was 6.0% for the quarter. The company announced a new 3 million share repurchase authorization during the quarter. The company earned $99.8M in net income.
For FY 2026, management guided EPS (adjusted) to $10.64 to $10.75. Wall Street consensus stands at 5 buy, 3 hold, 0 sell.
A detailed analysis of Applied Industrial Technologies, Inc.’s quarter follows shortly on AlphaStreet.
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