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Applied Industrial Technologies raises FY24 EPS view to $9.25-$9.80
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Applied Industrial Technologies raises FY24 EPS view to $9.25-$9.80

Had previously seen $8.80-$9.55. Consensus for FY24 EPS is $9.19. Narrows FY24 sales growth view to 1%-4% from 0%-4% including 0% to 3% on an organic daily basis, and EBITDA margins of 12.0% to 12.3%, prior view was 11.9%-12.1%.

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