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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom

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

$184.27
-3.61 (-1.92%)
(As of 04/17/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Apr. 25
Before Market Opens
Confirmed
Actual EPS
(Jan. 25)
$2.24 Beat By $0.13
Consensus EPS
(Jan. 25)
$2.11
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$2.41$2.56$2.49 
FY 20248$8.97$9.24$9.11 
Q1 20252$2.34$2.39$2.37 
Q2 20251$2.14$2.14$2.14 
Q3 20252$2.30$2.64$2.47 
Q4 20252$2.48$2.69$2.59 
FY 20257$9.26$9.86$9.56 
Q1 20261$2.13$2.13$2.13 
Q2 20261$1.95$1.95$1.95 

AIT Earnings Date and Information

Applied Industrial Technologies last issued its quarterly earnings results on January 25th, 2024. The industrial products company reported $2.24 earnings per share for the quarter, beating analysts' consensus estimates of $2.11 by $0.13. The firm earned $1.08 billion during the quarter, compared to analyst estimates of $1.06 billion. Its revenue was up 1.6% compared to the same quarter last year. Applied Industrial Technologies has generated $9.53 earnings per share over the last year ($9.53 diluted earnings per share) and currently has a price-to-earnings ratio of 19.3. Earnings for Applied Industrial Technologies are expected to grow by 2.21% in the coming year, from $9.49 to $9.70 per share. Applied Industrial Technologies has confirmed that its next quarterly earnings report will be published on Thursday, April 25th, 2024. Applied Industrial Technologies will be holding an earnings conference call on Thursday, April 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call. or dial in at 647-362-9199 with passcode "6868675".

Applied Industrial Technologies Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
4/25/2024
Confirmed)
-------  
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    
4/28/2021Q1 2021$1.01$1.37+$0.36$1.32$811.36 million$840.90 million    

Applied Industrial Technologies Earnings - Frequently Asked Questions

When is Applied Industrial Technologies's earnings date?

Applied Industrial Technologies has confirmed that its next quarterly earnings data will be published on Thursday, April 25th, 2024. 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 $2.24 earnings per share (EPS) to beat the analysts' consensus estimate of $2.11 by $0.13. 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 $9.53 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 19.34 and a forward price-to-earnings ratio of 19.42. The price/earnings-to-growth ratio is 2.

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

Applied Industrial Technologies's earnings are expected to grow from $9.49 per share to $9.70 per share in the next year, which is a 2.21% increase.


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This page (NYSE:AIT) was last updated on 4/18/2024 by MarketBeat.com Staff

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