New York, October 25th (TradersHuddle.com) - Shares of Applied Industrial Technologies, Inc. (NYSE:AIT) are trading higher by +1.90% ahead of its quarterly earnings release. Applied Industrial, the distributor of bearings and seals, power transmission and fluid power components, hydraulic and pneumatic components, industrial rubber products, linear components, and general maintenance items is expected to release its quarterly results on October 26th.

Wall Street Analysts consensus calls for a profit of $0.42 a share on $529.38 million revenue.

Applied Industrial estimates have a range of $0.04 a share. The high estimate calls for profit of $0.45 a share and the low estimate is calling for a profit of $0.41 a share, a year ago for the quarter the company reported $0.26 a share.

Applied Industrial Technologies, Inc. (NYSE:AIT) distributes bearings and seals, power transmission and fluid power components, hydraulic and pneumatic components, industrial rubber products, linear components, and general maintenance items. The Company also provides customized mechanical, fabricated rubber, and fluid power shop services.

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