Applied Industrial (NYSE:AIT) reports Q3 CY2026 in line with expectations

Industrial products distributor Applied Industrial (NYSE:AIT) met Wall Street’s revenue expectations in calendar Q3 2026 (fiscal Q1 2027), with revenue up 7.6% year on year to $1.29 billion. Its GAAP profit of $2.97 per share was 2.8% above analysts’ consensus estimates.