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Does AIT's Robust Earnings and Buybacks Signal Stronger Growth Ahead for Applied Industrial Technologies?
Applied Industrial Technologies recently reported improved quarterly and annual earnings results, with net income reaching US$392.99 million for the year ended June 30, 2025, alongside a series of completed share buybacks totaling US$369.89 million since August 2022.
Management also provided earnings guidance for fiscal 2026, projecting earnings per share in the range of US$10.00 to US$10.75 and anticipating sales growth of 4% to 7%, including organic growth of up to 4%.
With robust earnings...