Applied Industrial Technologies (AIT) Earnings Date, Estimates & Call Transcripts

$181.55
+0.66 (+0.36%)
(As of 09:43 AM ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 8Estimated
Actual EPS
(Apr. 25)
$2.48 Beat By $0.08
Consensus EPS
(Apr. 25)
$2.40
Skip Charts & View Estimated and Actual Earnings Data

AIT Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

AIT Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Applied Industrial Technologies Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$2.05$2.05$2.05 
Q2 20242$2.13$2.14$2.14 
Q3 20242$2.38$2.49$2.44 
Q4 20242$2.43$2.56$2.50 
FY 20248$8.99$9.24$9.12 
Q1 20252$2.34$2.39$2.37 
Q2 20251$2.14$2.14$2.14 
Q3 20252$2.31$2.64$2.48 
Q4 20252$2.49$2.69$2.59 
FY 20257$9.28$9.86$9.57 
Q1 20261$2.14$2.14$2.14 
Q2 20261$1.96$1.96$1.96 
Q3 20261$2.10$2.10$2.10 

AIT Earnings Date and Information

Applied Industrial Technologies last announced its quarterly earnings data on April 25th, 2024. The industrial products company reported $2.48 EPS for the quarter, topping analysts' consensus estimates of $2.40 by $0.08. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.13 billion. Its revenue for the quarter was down 2.8% compared to the same quarter last year. Applied Industrial Technologies has generated $9.54 earnings per share over the last year ($9.54 diluted earnings per share) and currently has a price-to-earnings ratio of 19.0. Earnings for Applied Industrial Technologies are expected to grow by 1.25% in the coming year, from $9.60 to $9.72 per share. Applied Industrial Technologies has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, August 8th, 2024 based off prior year's report dates.

Applied Industrial Technologies Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/8/2024
Estimated)
------- 
4/25/2024Q3 2024$2.40$2.48+$0.08$2.48$1.13 billion$1.10 billion      
1/25/2024Q4 2023$2.11$2.24+$0.13$2.16$1.06 billion$1.08 billion      
10/26/2023Q1 2024$2.07$2.39+$0.32$2.39$1.09 billion$1.10 billion
8/10/2023Q2 2023$2.17$2.35+$0.18$2.35$1.12 billion$1.16 billion      
4/27/2023Q3 2023$2.12$2.38+$0.26$2.29$1.10 billion$1.13 billion
1/26/2023Q2 2023$1.71$2.05+$0.34$2.05$996.44 million$1.06 billion      
10/27/2022Q1 2023$1.64$1.97+$0.33$1.97$988.51 million$1.06 billion      
8/11/2022Q4 2022$1.68$2.02+$0.34$2.02$977.43 million$1.06 billion      
4/28/2022Q3 2022-$1.75+$1.75$1.75$922.46 million$980.60 million      
1/27/2022Q2 2022$1.09$1.46+$0.37$1.46$850.87 million$867.90 million    
10/26/2021Q3 2021$1.26$1.43+$0.17$1.36$877.01 million$891.70 million    
8/16/2021Q2 2021$1.17$1.44+$0.27$1.51$843.61 million$895.90 million    

Applied Industrial Technologies Earnings - Frequently Asked Questions

When is Applied Industrial Technologies's earnings date?

Applied Industrial Technologies has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, August 8th, 2024 based off last year's report dates. Learn more on AIT's earnings history.

Did Applied Industrial Technologies beat their earnings estimates last quarter?

In the previous quarter, Applied Industrial Technologies (NYSE:AIT) reported $2.48 earnings per share (EPS) to beat the analysts' consensus estimate of $2.40 by $0.08. Learn more on analysts' earnings estimate vs. AIT's actual earnings.

How can I listen to Applied Industrial Technologies's earnings conference call?

The conference call for Applied Industrial Technologies's latest earnings report can be listened to online. Listen to Conference Call

How can I read Applied Industrial Technologies's conference call transcript?

The conference call transcript for Applied Industrial Technologies's latest earnings report can be read online. Read Transcript

How can I view Applied Industrial Technologies's earnings report?

Applied Industrial Technologies's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Applied Industrial Technologies generate each year?

Applied Industrial Technologies (NYSE:AIT) has a recorded annual revenue of $4.41 billion.

How much profit does Applied Industrial Technologies generate each year?

Applied Industrial Technologies (NYSE:AIT) has a recorded net income of $346.74 million. AIT has generated $9.54 earnings per share over the last four quarters.

What is Applied Industrial Technologies's price-to-earnings ratio?

Applied Industrial Technologies (NYSE:AIT) has a trailing price-to-earnings ratio of 18.96 and a forward price-to-earnings ratio of 18.84. The price/earnings-to-growth ratio is 1.89.

What is Applied Industrial Technologies's EPS forecast for next year?

Applied Industrial Technologies's earnings are expected to grow from $9.60 per share to $9.72 per share in the next year, which is a 1.25% increase.


More Earnings Resources from MarketBeat

This page (NYSE:AIT) was last updated on 4/29/2024 by MarketBeat.com Staff

From Our Partners