CLEVELAND (AP) — CLEVELAND (AP) — Applied Industrial Technologies Inc. (AIT) on Thursday reported fiscal second-quarter profit of $91.2 million.

The Cleveland-based company said it had profit of $2.32 per share. Earnings, adjusted for non-recurring gains, were $2.24 per share.

The industrial products company posted revenue of $1.08 billion in the period.

Applied Industrial Technologies expects full-year earnings in the range of $9.35 to $9.70 per share.

Applied Industrial Technologies shares have risen nearly 2% since the beginning of the year. The stock has increased 44% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AIT at https://www.zacks.com/ap/AIT

For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News