Applied Industrial Technologies (AIT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
On May 22, 2023, President and CEO Neil Schrimsher sold 1,655 shares of Applied Industrial Technologies Inc ( AIT , Financial), a leading industrial distributor in North America. The company specializ
The demand in the broader market is weakening, which should impact AIT's revenue growth in FY24. In the long run, the company should benefit from its automation business, M&As, and capital expenditure
Applied Industrial Technologies offers industrial motion, power control, and automation technologies to clients. Management successfully lowered its net leverage and continues to promise acquisitions
Applied Industrial Technologies (AIT) came out with quarterly earnings of $2.38 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $1.75 per share a year

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Applied Industrial Technologies (AIT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly repor
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2023 third quarter financial results on Thursday, April 27, 2023, before the market o
The AMS buyout fortifies Applied Industrial's (AIT) growth capacity in several emerging applications across key industry verticals.
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.
Applied Industrial Technologies (AIT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.
Stocks have delivered a strong performance in 2023 so far, with many now heading toward and breaking 52-week highs, reflecting favorable positive momentum. And all three of these companies have seen t
ABB's fourth-quarter 2022 revenues increase 3% year over year on impressive performance across most segments.
AIT posted another quarter of exceptional growth, as this power transmission, fluid power, specialty flow, and automation distributor continues to outgrow many of its suppliers. Management is calling
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