Applied Industrial Technologies (NYSE: AIT) came out with quarterly earnings of $2.64 per share, beating the Zacks Consensus Estimate of $2.52 per share. This compares to earnings of $2.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 4.76%. A quarter ago, it was expected that this industrial products company would post earnings of $2.40 per share when it actually produced earnings of $2.48, delivering a surprise of 3.33%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Applied Industrial Technologies, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $1.16 billion for the quarter ended June 2024, missing the Zacks Consensus Estimate by 2.20%. This compares to year-ago revenues of $1.16 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Applied Industrial Technologies ...