The fourth quarter financial results of Applied Industrial (NYSE: AIT) will be revealed on Thursday 15th August 2024. The big news will come out before market open, so investors can learn more about how the company is doing financially.
Financial analysts on Wall Street are predicting that the business is expected to report an estimated per share $2.51 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $1.19 billion during this period.
When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $2.35. This results was derived from the company's total revenue, which reached an impressive $1.16 billion during same quarter.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $4.5 billion. Additionally, they expect the company to reach profit of $9.71 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q3 2024 | $2.48 | +4.2% | 1.15 B | +1.2% |
| Q2 2024 | $2.24 | +0.9% | 1.08 B | +1.6% |
| Q1 2024 | $2.39 | +11.2% | 1.10 B | +3.1% |
| Q4 2023 | $2.35 | +4.9% | 1.16 B | +9.1% |
*Growth on year-over-year basis
The previous trading day saw Applied Industrial (AIT) shares trading between $196.53 and $199.57, besides a volume of 242.90 thousand shares. The stock closed Thursday's regular trading session at $198.92, showing 0.75 percent increase.
