07:17 AM EDT, 04/28/2026 (MT Newswires) -- Applied Industrial Technologies (AIT) reported fiscal Q3 earnings Tuesday of $2.65 per diluted share, up from $2.57 a year earlier.

Four analysts polled by FactSet expected $2.63.

Net sales for the quarter ended March 31 were $1.25 billion, compared with $1.17 billion a year earlier.

Analysts surveyed by FactSet expected $1.23 billion.

For fiscal Q4, the company expects earnings of $2.85 to $2.96 per share on sales growth of 4.5% to 6%. Four analysts polled by FactSet expect EPS of $2.87 on revenue of $1.28 billion.

For fiscal 2026, Applied Industrial Technologies now expects earnings of $10.64 to $10.75 per share, compared with its prior guidance of $10.45 to $10.75. Four analysts polled by FactSet expect $10.65.

The company also said it expects fiscal 2026 net sales growth of 7.2% to 7.7%, compared with its earlier guidance of 5.5% to 7%. Analysts are looking for fiscal 2026 revenue $4.87 billion.