Applied Industrial Technologies, Inc. (NYSE:AIT) will release its fourth quarter earnings report before the opening bell on Thursday, Aug. 13.
Analysts expect the Cleveland, Ohio-based company to report quarterly earnings of $2.92 per share, up from $2.80 per share in the year-ago period. The consensus estimate for AIT’s quarterly revenue is $1.29 billion. It reported $1.22 billion last year, according to Benzinga Pro.
On April 28, Applied Industrial posted better-than-expected third-quarter sales.
Shares of Applied Industrial Technologies fell slightly to close at $352.29 on Wednesday.
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Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying AIT stock? Here’s what analysts think:
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