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AITBearishEarningsnews
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Applied Industrial (AIT) Q3 Earnings Beat, Revenues Rise Y/Y

Apr 26, 2024, 1:49 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Applied Industrial Technologies reported Q3 fiscal 2024 earnings of $2.48 per share. - Net revenues of $1,146 million, up 1.3% year over year. - Segmental revenues boosted by sales process initiatives and national accounts growth. - Price Impact Rating: Bearish - Impact Horizon Rating: Short-term - Type: Earnings

  • Applied Industrial Technologies reported Q3 fiscal 2024 earnings of $2.48 per share.
  • Net revenues of $1,146 million, up 1.3% year over year.
  • Segmental revenues boosted by sales process initiatives and national accounts growth.

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