AIT News

Applied Industrial Technologies (AIT) delivered earnings and revenue surprises of 2.00% and -2.65%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

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Applied Industrial's (AIT) Q2 sales hurt by weakness in end-markets and slower demand in December. The company lowers fiscal 2020 projections due to market uncertainties.

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For some customers, the current slowdown is driving incremental maintenance on their direct production infrastructure and flow control systems, given extended downtime. In instances where customers are restricting facility access, our sales teams are utilizing virtual selling and other communication platforms to understand our customer requirements and execute accordingly as well as providing support through our applied.com channel.

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Applied Industrial Technologies (AIT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Applied Industrial Technologies, Inc. (NYSE:AIT), which is in the trade distributors business, and is based in United...

Firm takes advantage of ‘market chaos’ to invest in auto safety company, an airline and an industrial supplier Continue reading...

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.

Applied Industrial (AIT) to gain from cost-saving measures, acquisitions and shareholder-friendly policies. Softness in industrial demand might impact near-term results.

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Applied Industrial Technologies (NYSE: AIT) today announced plans to release its fiscal 2020 third quarter financial results on Thursday, April 30, 2020, before the market opens. The Company’s fiscal 2020 third quarter ended March 31, 2020.

Neil Schrimsher became the CEO of Applied Industrial Technologies, Inc. (NYSE:AIT) in 2011. First, this article will...

Applied Industrial's (AIT) Q3 earnings beat estimates, while declining year over year on lower sales generation and a fall in margins. Revenues in April decline due to the pandemic-related woes.

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, and automation technologies, today reported results for its third quar…

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Applied Industrial (AIT) is exposed to weakness in industrial demand, which might hurt its performance in fiscal 2020. Also, high debts and forex woes might be concerning.

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The Austrian government is backing a project that would let citizens submit data about industrial waste heat spots for district heating, receiving tokens as reward.

Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, and automation technologies, today reported results for its third quarter fiscal 2020 ended March 31, 2020.

To the annoyance of some shareholders, Applied Industrial Technologies (NYSE:AIT) shares are down a considerable 31...

Q2 2020 Applied Industrial Technologies Inc Earnings Call

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AIT earnings call for the period ending March 31, 2020.

Idir, an Algerian singer who gave voice to the Berber and Kabyle cultures, has died.

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Shares of Applied Industrial Tech (NYSE:AIT) were flat in pre-market trading after the company reported Q3 results.Quarterly Results Earnings per share were down 12.07% over the past year to $1.02, which beat the estimate of $1.01.Revenue of $830,797,000 lower by 6.17% year over year, which missed the estimate of $858,980,000.Outlook Applied Industrial Tech hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: Apr 30, 2020View more earnings on AITTime: 12:04 PM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.applied.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2307424&sessionid=1&key=E3E7EC27C41BBA23F89F93A096B9FAE1®Tag=&sourcepage=registerRecent Stock Performance 52-week high: $70.62Company's 52-week low was at $30.66Price action over last quarter: down 15.82%Company Overview Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. Fluid products include hydraulic, pneumatic, lubrication, and filtration systems and components. Applied Industrial Technologies operates primarily in North America, Australia, and New Zealand.See more from Benzinga * Spectrum Brands Holdings: Q2 Earnings Insights * Recap: Six Flags Entertainment Q1 Earnings * Consolidated Communications: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Idir, an Algerian singer who gave voice to the Berber and Kabyle cultures, has died in Paris. He was 70.

Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today reported its financial results for the first quarter ended March 27, 2020.

Hamid Cheriet, better known as Idir, was a champion for the Kabylie region and its Berber language.

Q3 2020 Applied Industrial Technologies Inc Earnings Call

Applied Industrial (AIT), with shares down 52% so far in 2020, faces headwinds from uncertain end-market conditions. Organic sales performance will likely be weak for both segments throughout the rest of fiscal 2020.

This week we saw the Applied Industrial Technologies, Inc. (NYSE:AIT) share price climb by 22%. But that doesn't help...