Have you evaluated the performance of Applied Industrial Technologies' (AIT) international operations for the quarter ending June 2024? Given the extensive global presence of this industrial products company, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and ...

Investors with an interest in Manufacturing - General Industrial stocks have likely encountered both Applied Industrial Technologies (AIT) and Epiroc Aktiebolag Unsponsored ADR (EPOKY) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The ...

Applied Industrial Technologies (AIT) reported fourth-quarter fiscal 2024 (ended Jun 30, 2024) earnings of $2.64 per share, which surpassed the Zacks Consensus Estimate of $2.52. The bottom line jumped 12.3% year over year.Net revenues of $1.16 billion lagged the consensus estimate of $1.19 billion. However, the top line inched up 0.2% year over year. Acquisitions boosted the top line by 1.5% while foreign-currency translation had a negative impact of 0.1%. Organic sales decreased 2% year over year. Selling ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission file number 1-2299 APPLIED INDUSTRIAL TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Ohio 34-0117420 ...

Luis Alvarez Shares of Applied Industrial Technologies, Inc. (NYSE:AIT) have been on fire recently. Since the outbreak of the pandemic, shares have tripled amidst strong operating performance. The company just ended its fiscal year 2024, and while sales trends are dismal, margins came in at historical highs. With the company guiding for flattish revenues and earnings in 2025, this is nothing much to look forward to. This makes me cautious as the market is still attaching a small premium to the shares, and w ...

Applied Industrial Technologies, Inc. (NYSE:AIT) Q4 2024 Results Conference Call August 15, 2024 10:00 AM ET Company Participants Ryan Cieslak - Director of IR, Treasury Neil Schrimsher - President and CEO Dave Wells - CFO Conference Call Participants Kenneth Newman - KeyBanc Chris Dankert - Loop Capital Operator Ladies and gentlemen, welcome to the fiscal 2024 Fourth Quarter Earnings Call for Applied Industrial Technologies. My name is Abby, and I'll be your operator for today's call [Operator Instructions ...

EXHIBIT 99.1 Financial Release For Immediate Release Applied Industrial Technologies Reports Fiscal 2024 Fourth Quarter and Full-Year Results; Issues Guidance for Fiscal 2025 • Fourth Quarter Net Sales of $1.2 Billion Up 0.2% YoY; Down 2.0% on an Organic Daily Basis • Fourth Quarter Net Income of $103.5 Million, or $2.64 Per Share Up 12.6% YoY • Fourth Quarter EBITDA of $153.5 Million Up 9.6% YoY • Full-Year Net Sales of $4.5 Billion Up 1.5% YoY; Up 0.4% on an Organic Daily Basis • Full-Year Net Income of $ ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.76%. A quarter ago, it was expected that this industrial products company would post earnings of $2.40 per share when it actually produced earnings of $2.48, delivering a surprise of 3.33%.Over the ...

Applied Industrial Technologies, Inc. (AIT) is scheduled to release fourth-quarter fiscal 2024 (ended June 2024) results on Aug 15, before market open.The Zacks Consensus Estimate for fiscal fourth-quarter earnings has been unchanged in the past 60 days. The company has an impressive earnings surprise history, having beat the consensus estimate in each of the preceding four quarters, the average surprise being 8.2%.The consensus estimate for revenues is pegged at $1.19 billion, indicating an increase of 2.5 ...

Analysts on Wall Street project that Applied Industrial Technologies (AIT) will announce quarterly earnings of $2.52 per share in its forthcoming report, representing an increase of 7.2% year over year. Revenues are projected to reach $1.19 billion, increasing 2.5% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projectio ...