AIT Stock Recent News

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2025 first quarter results on Thursday, October 24, 2024, before the market opens. The Company's fiscal 2025 first quarter ended September 30, 2024. The Company will host a conference call at 10 a.m. ET that day to discuss the quarter's results and outlook. A live audio webcast and supplemental presentation can be accessed on our Investor Relations site at https://ir.applied.com. T.

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today announced the release of its 2024 Environmental, Social, and Governance (ESG) Report. The Report highlights the Company's progress and continued commitment to sustainability and socially responsible business practices in fiscal year 2024. Neil A.

Examine Applied Industrial Technologies' (AIT) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.

Applied Industrial's (AIT) fourth-quarter fiscal 2024 results benefit from contributions from acquisitions and solid growth across national accounts.

Applied Industrial Technologies shares have tripled recently, backed up by a strong operating performance and historically high margins. The company is a distribution powerhouse, providing industrial motion, power, control, and automation technologies with a focus on customer service. Despite solid growth and earnings, recent sales trends are dismal, leading to caution in light of a premium valuation and flattish 2025 outlook.

Applied Industrial Technologies, Inc. (AIT) Q4 2024 Earnings Call Transcript

Applied Industrial Technologies (AIT) came out with quarterly earnings of $2.64 per share, beating the Zacks Consensus Estimate of $2.52 per share. This compares to earnings of $2.35 per share a year ago.

Applied Industrial's (AIT) fourth-quarter fiscal 2024 results are likely to reflect gains from strength across the Service Center Based Distribution segment.

Beyond analysts' top -and-bottom-line estimates for Applied Industrial Technologies (AIT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.

Applied Industrial Technologies (AIT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).