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Stock impact report

Applied Industrial (AIT) To Report Earnings Tomorrow: Here Is What To Expect [Yahoo! Finance]

Applied Industrial Technologies, Inc. (AIT) 
Last applied industrial technologies, inc. earnings: 4/30 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.applied.com/home
Company Research Source: Yahoo! Finance
Applied Industrial missed analysts' revenue expectations by 2.1% last quarter, reporting revenues of $1.16 billion, flat year on year. It was a slower quarter for the company, with underwhelming earnings guidance for the full year and a miss of analysts' organic revenue estimates. Is Applied Industrial a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Applied Industrial's revenue to decline 1.1% year on year to $1.08 billion, a reversal from the 3.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.26 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Applied Industrial has missed Wall Street's revenue estimates twice over the last two years. Looking at Applied Industrial's peers in the industrial machinery segment, some have alre Show less Read more
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