Applied Industrial Technologies Inc reports results for the quarter ended June 30 - Earnings Summary

Applied Industrial Technologies

13/08/2026 14:31

Applied Industrial Technologies Inc AIT.N reported quarterly adjusted earnings of $3.17​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.80.  The mean expectation of eight analysts for the quarter was for earnings of $2.92 per share. Wall Street expected results to range from $2.90  to $2.93 per share.
Revenue rose 10.4% to $1.35 billion from a year ago; analysts expected $1.29 billion. 
Applied Industrial Technologies Inc's reported EPS for the quarter was $3.17​.
The company reported quarterly net income of $118.6 million.
Applied Industrial Technologies Inc shares had risen by 4.2% this quarter and gained 37.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is also "buy" 
Wall Street's median 12-month price target for Applied Industrial Technologies Inc is $355.00, about 0.8% above its last closing price of $352.29
This summary was machine generated from LSEG data August 13 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
2.92
3.17
Beat
Mar. 31 2026 
2.65
2.65
Met
Dec. 31 2025 
2.48
2.51
Beat
Sep. 30 2025 
2.48
2.63
Beat