Table of Contents Title of each class Trading Symbol Name of each exchange on which registered Common Stock, without par value AIT New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended SEPTEMBER 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __ ...

Applied Industrial Technologies (AIT) reported first-quarter fiscal 2025 (ended Sept. 30, 2024) earnings of $2.36 per share, which surpassed the Zacks Consensus Estimate of $2.24. However, the bottom line declined 1.3% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Net revenues of $1.10 billion beat the consensus estimate of $1.09 billion. The top line inched up 0.3% year over year. Acquisitions boosted the top line by 2%, while foreign-currency translation had a neg ...

Fiscal Q1 2025 Recap October 24, 2024 - The Premier Provider of Advanced Motion, Power, Control, & Automation Solutions to Critical Industrial Infrastructure - Safe Harbor Statement 2 This presentation contains statements that are forward-looking, as that term is defined by the Securities and Exchange Commission in its rules, regulations and releases. Applied intends that such forward-looking statements be subject to the safe harbors created thereby. Forward-looking statements are often identified by qualif ...

Applied Industrial Technologies, Inc. (NYSE:AIT) Q1 2025 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Ryan Cieslak - Director of IR, Treasury Neil Schrimsher - President & CEO David Wells - CFO Conference Call Participants David Manthey - Baird Christopher Glynn - Oppenheimer Ken Newman - KeyBanc Brett Linzey - Mizuho Christopher Dankert - Loop Capital Aaron Reed - Northcoast Research Sabrina Abrams - Bank of America Operator Welcome to the Fiscal 2025 First Quarter Earnings Ca ...

EXHIBIT 99.1 Applied Industrial Technologies Reports Fiscal 2025 First Quarter Results • Net Sales of $1.1 Billion Up 0.3% YoY; Down 3.0% on an Organic Daily Basis • Net Income of $92.1 Million, or $2.36 Per Share Down 1.0% YoY • EBITDA of $129.0 Million Down 3.3% YoY • Operating Cash Flow of $127.7 Million; Free Cash Flow of $122.2 Million • Increasing FY25 EPS Guidance to $9.25 to $10.00 • Reiterate FY25 Sales and EBITDA Margin Guidance CLEVELAND, OHIO (October 24, 2024) – Applied Industrial Technologies ...

Applied Industrial Technologies (AIT) came out with quarterly earnings of $2.36 per share, beating the Zacks Consensus Estimate of $2.24 per share. This compares to earnings of $2.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.36%. A quarter ago, it was expected that this industrial products company would post earnings of $2.52 per share when it actually produced earnings of $2.64, delivering a surprise of 4.76%.Over the ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Applied Industrial Technologies (AIT) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 24, 2024, might help the stock move higher if these key number ...

Applied Industrial Technologies, Inc.’s (AIT) financial stability is challenged by weakness in the Engineered Solutions segment. Elevated labor costs are further putting a strain on the bottom line.Applied Industrial is a distributor of value-added industrial products, including engineered fluid power components, bearings, specialty flow control solutions, power transmission products and miscellaneous industrial supplies. These products are mainly sold to original equipment manufacturers (OEMs) and maintena ...

Here are three stocks added to the Zacks Rank #24 (Strong Sell) List today:Apollo Global Management, Inc. (APO) is a private equity firm. The Zacks Consensus Estimate for its current year earnings has been 6.3% downward over the last 60 days.Applied Industrial Technologies, Inc. (AIT) is a distributor of industrial motion, power, control, and automation technology solutions. The Zacks Consensus Estimate for its current year earnings has been revised 4.8% downward over the last 60 days.Beazer Homes USA, Inc. ...

Applied Industrial Technologies, Inc. (AIT) is benefiting from strength across its served markets of food and beverage, lumber and wood, mining, pulp and paper, energy, utilities and refining. The strong position in these markets, sales initiatives and focus on national customer accounts are driving the Service Center Based Distribution segment. The increase in demand for fluid power MRO services across the U.S. manufacturing sector, driven by growing digitization and higher investment in maintenance operat ...