Applied Industrial Technologies lowers FY 2025 earnings and revenue guidance while Q4 profit increases.

Applied Industrial Technologies (AIT) lowered its FY 2025 earnings guidance to $9.200-9.950 from $10.100 and revised revenue guidance to $4.4Bn-$4.6Bn from $4.7Bn. The company reported a Q4 profit increase to $103.491M ($2.64/share) vs. $92.215M ($2.35/share) in the prior year, exceeding analysts' estimates. AIT operates in two segments, distributing industrial motion, power, control, and automation technologies solutions.