Skip to main content

Market Overview

Recap: Applied Industrial Tech Q4 Earnings


Shares of Applied Industrial Tech (NYSE:AIT) rose 0.2% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 33.33% over the past year to $0.80, which beat the estimate of $0.68.

Revenue of $725,076,000 decreased by 17.86% from the same period last year, which missed the estimate of $739,390,000.

Looking Ahead

Applied Industrial Tech hasn't issued any earnings guidance for the time being.

Applied Industrial Tech hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Aug 12, 2020

Time: 10:00 AM

ET Webcast URL:


Company's 52-week high was at $70.62

52-week low: $30.66

Price action over last quarter: Up 34.23%

Company Description

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.


Related Articles (AIT)

View Comments and Join the Discussion!

Posted-In: Earnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at