Although the revenue and EPS for Applied Industrial Technologies (AIT) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
AIT's first-quarter fiscal 2025 results benefit from growth across national accounts and fluid power MRO.
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 Call for Applied Industrial Technologies. My name is Angela, and I will be your operator for today's call.
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.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Applied Industrial Technologies (AIT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
Applied Industrial Technologies (AIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Softness in the Engineered Solutions segment and increasing operating costs weigh on AIT. The unfavorable foreign currency movement is an added concern.
APO, AIT and BZH have been added to the Zacks Rank #24 (Strong Sell) List on September 24, 2024.
AIT benefits from strength in its businesses and accretive acquisitions. However, weakness in the OEM channel remains a concern.
Examine Applied Industrial Technologies' (AIT) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.
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?
Applied Industrial's (AIT) fourth-quarter fiscal 2024 results benefit from contributions from acquisitions and solid growth across national accounts.