News
AIT
186.09
-0.12%
-0.22
Applied Industrial Technologies Updates Fiscal 2024 Guidance, Now Expects Adj. EPS Of $9.55-$9.70 (Prior $9.35-$9.70) Vs. $9.66 Est, Sales Growth Of 1.5%-2.5% (Prior 1%-3%) Vs. $4.5B Est
Updated Fiscal 2024 Guidance for the Company projects EPS of $9.55-9.70 for fiscal 2024. Company expects sales growth of 1.5% to 2.5%. Guidance excludes the $3.0 million tax benefit recorded in the fiscal 2024 second quarter.
Benzinga · 8h ago
Applied Industrial Technologies beats top-line and bottom-line estimates; updates FY24 outlook
Seeking Alpha · 8h ago
Applied Industrial Q3 2024 GAAP EPS $2.48 Beats $2.41 Estimate, Sales $1.146B Beat $1.132B Estimate
Applied Industrial reported quarterly earnings of $2.48 per share. The company reported quarterly sales of $1.146 billion. This is a 1.24 percent increase over the same period last year. Applied Industrial beat the analyst consensus estimate for quarterly earnings by 2.9 percent.
Benzinga · 8h ago
*Applied Industrial Raises FY24 Sales Growth View to 1.5% to 2.5% >AIT
Dow Jones · 8h ago
*Applied Industrial To Acquire Grupo Kopar, Expanding Automation Platform >AIT
Dow Jones · 8h ago
*Applied Industrial Raises FY24 View To Adj EPS $9.55-Adj EPS $9.70 >AIT
Dow Jones · 8h ago
*Applied Industrial Technologies Announces Strategic Automation Acquisition
Dow Jones · 8h ago
Press Release: Applied Industrial Technologies -2-
Current assets include cash and cash equivalents, inventory, long-term debt, and other assets. Total assets are more than $2.5 billion. Long-term liabilities are $1.7 billion. The total number of assets is more than 2,000,000. The number of liabilities is less than 1 million.
Dow Jones · 8h ago
Press Release: Applied Industrial Technologies Reports Fiscal 2024 Third Quarter Results and Announces Strategic Automation Acquisition
Applied Industrial Technologies Reports Fiscal 2024 Third Quarter Results and Announces Strategic Automation Acquisition. Net Sales of $1.1 billion up 1.3% YoY; Up 0.7% on an Organic Daily basis. Company signed Definitive Agreement to Acquire Grupo Kopar, Expanding its Automation Platform. Company also updated its Fiscal 2024 Guidance.
Dow Jones · 8h ago
APPLIED INDUSTRIAL TECHNOLOGIES INC: EXPECT HEADWINDS TO ALLEVIATE NEAR-TERM, AND WE REMAIN ON TRACK TO ACHIEVE RECORD CASH GENERATION FOR YEAR
Reuters · 8h ago
APPLIED INDUSTRIAL TECHNOLOGIES Q3 EBITDA USD 135.7 MILLION
Reuters · 8h ago
CORRECTED-APPLIED INDUSTRIAL TECHNOLOGIES OUTLOOK FY SALES GROWTH 1.5-2.5%
Reuters · 8h ago
CORRECTED- APPLIED INDUSTRIAL TECHNOLOGIES OUTLOOK FY ADJUSTED EPS (NOT 'EPS') USD 9.55-9.7
Reuters · 8h ago
*Applied Industrial 3Q Sales $1.15B >AIT
Dow Jones · 8h ago
*Applied Industrial 3Q EPS $2.48 >AIT
Dow Jones · 8h ago
*Applied Industrial 3Q Adj EPS $2.38 >AIT
Dow Jones · 8h ago
*Applied Industrial 3Q Net $97.2M >AIT
Dow Jones · 8h ago
Applied Industrial Technologies: Fiscal Q3 Earnings Snapshot
Applied Industrial Technologies reports fiscal third-quarter earnings of $97.2 million. Industrial products company posted revenue of $1.15 billion in the period. Cleveland-based company expects full-year earnings in the range of $9.70 per share. Applied Industrial Technologies shares have increased nearly 8% since the beginning of the year.
Barchart · 13h ago
Applied Industrial Technologies Q3 2024 Earnings Preview
Applied Industrial Technologies, Inc. (AIT) is scheduled to announce Q3 earnings results on Thursday, April 25th. The consensus EPS Estimate is $2.40 and the consensus revenue estimate is $1.13B. AIT has beaten EPS estimates 100% of the time over the last 2 years.
Seeking Alpha · 1d ago
Notable earnings before Thursday's open
Major earnings expected before the bell on Thursday include: Bristol-Myers Squibb, Caterpillar, Comcast, Altria Group, Merck & Co. Other major earnings slated for release before Thursday's open include: AT&T, Microsoft, Boeing, GE.
Seeking Alpha · 1d ago
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About AIT
Applied Industrial Technologies, Inc. is a value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. The Company’s segments include Service Center Based Distribution and Engineered Solutions. The Service Center Based Distribution segment operates through local service centers and distribution centers with a focus on providing products and services addressing the maintenance and repair of motion control infrastructure and production equipment. Its products include industrial bearings, motors, belting, drives, couplings, pumps, linear motion products, hydraulic and pneumatic components, filtration supplies, and hoses. The Engineered Solutions segment includes its operations that specialize in distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, and engineered flow control products and services.