Edition:
United States

Applied Industrial Technologies Inc (AIT.N)

AIT.N on New York Stock Exchange

75.50USD
15 Jun 2018
Change (% chg)

$0.70 (+0.94%)
Prev Close
$74.80
Open
$74.80
Day's High
$75.55
Day's Low
$74.00
Volume
176,119
Avg. Vol
62,274
52-wk High
$75.55
52-wk Low
$54.05

Latest Key Developments (Source: Significant Developments)

Applied Industrial Technologies Updates EPS Guidance For FY2018 To $3.19 To $3.39 Per Share
Thursday, 1 Feb 2018 06:30am EST 

Feb 1 (Reuters) - Applied Industrial Technologies Inc ::APPLIED INDUSTRIAL TECHNOLOGIES INC - UPDATED ITS GUIDANCE REGARDING IMPACT OF ACQUISITION OF FCX PERFORMANCE, INC. ON ITS FISCAL YEAR 2018 RESULTS.APPLIED INDUSTRIAL TECHNOLOGIES INC - UPDATED 2018 GUIDANCE INCLUDES ADVERSE IMPACT OF $0.12 TO $0.13 IN ONE-TIME TRANSACTION-RELATED CASH CHARGES.APPLIED INDUSTRIAL TECHNOLOGIES INC - UPDATED EPS GUIDANCE FOR FISCAL YEAR 2018 OF $3.19 TO $3.39 PER SHARE.APPLIED INDUSTRIAL TECHNOLOGIES INC - 2018 SALES ARE ANTICIPATED TO BE 15% TO 16% HIGHER YEAR-OVER-YEAR INCLUSIVE OF ACQUISITION.  Full Article

Applied Industrial Technologies To Acquire FCX Performance Inc
Tuesday, 9 Jan 2018 06:00am EST 

Jan 9 (Reuters) - Applied Industrial Technologies Inc ::APPLIED INDUSTRIAL TECHNOLOGIES TO ACQUIRE FCX PERFORMANCE, INC..APPLIED INDUSTRIAL TECHNOLOGIES INC - DEAL FOR ‍TOTAL CONSIDERATION OF APPROXIMATELY $768 MILLION​.APPLIED INDUSTRIAL TECHNOLOGIES INC - DEAL WILL BE FINANCED WITH NEW CREDIT FACILITY COMPRISED OF A $780 MILLION TERM LOAN A AND $250 MILLION REVOLVER.APPLIED INDUSTRIAL TECHNOLOGIES INC - DEAL EXPECTED TO BE ACCRETIVE IN FY 2019 AFTER RECOGNITION OF RELATED ONE-TIME DEAL COSTS IN FY 2018.APPLIED INDUSTRIAL TECHNOLOGIES-ACQUISITION ANTICIPATED TO CONTRIBUTE ABOUT $550 MILLION IN SALES, $68 MILLION IN EBITDA IN FIRST 12 MONTHS OF CO'S OWNERSHIP​.APPLIED INDUSTRIAL TECHNOLOGIES TO ACQUIRE FCX PERFORMANCE, INC..  Full Article

Applied Industrial Technologies reports Q1 EPS of $0.86
Wednesday, 25 Oct 2017 06:30am EDT 

Oct 25 (Reuters) - Applied Industrial Technologies Inc :Applied industrial technologies reports fiscal 2018 first quarter results.Q1 earnings per share $0.86.Q1 sales $680.7 million versus I/B/E/S view $667.7 million.Q1 earnings per share view $0.76 -- Thomson Reuters I/B/E/S.Applied Industrial Technologies Inc - ‍updates full-year guidance​.Applied Industrial Technologies Inc - ‍narrowing full-year 2018 guidance range for earnings per share to between $3.10 and $3.20 per share​.FY2018 earnings per share view $3.10 -- Thomson Reuters I/B/E/S.  Full Article

Applied Industrial Technologies David Wells to succeed retiring CFO Mark Eisele
Monday, 15 May 2017 06:42am EDT 

May 15 (Reuters) - Applied Industrial Technologies Inc :Applied industrial technologies cfo mark o. Eisele to retire; david k. Wells named successor.Applied industrial technologies inc says mark o. Eisele, vice president - chief financial officer & treasurer, will retire at end of august 2017.Applied industrial technologies - wells joins applied from colfax corporation - esab/fabrication technologies where he served as vp & cfo since 2015.  Full Article

Applied Industrial Q3 earnings per share $0.75
Thursday, 27 Apr 2017 06:30am EDT 

April 27 (Reuters) - Applied Industrial Technologies Inc ::Applied Industrial technologies reports fiscal 2017 third quarter results and declares dividend.Q3 earnings per share $0.75.Q3 sales rose 7.3 percent to $679.3 million.Sees fy 2017 earnings per share $2.74 to $2.84.Sees q4 sales up 6 to 8 percent.Sees q4 earnings per share $0.68 to $0.78.Q3 earnings per share view $0.63, revenue view $638.1 million -- Thomson Reuters I/B/E/S.Q4 earnings per share view $0.68, revenue view $647.2 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $2.61 -- Thomson Reuters I/B/E/S.  Full Article

Applied Industrial Technologies posts Q2 earnings $0.61/shr
Thursday, 26 Jan 2017 06:30am EST 

Applied Industrial Technologies Inc : Applied Industrial Technologies reports fiscal 2017 second quarter results and increases dividend . Q2 earnings per share $0.61 . Q2 sales $608.1 million versus I/B/E/S view $602.3 million . Q2 earnings per share view $0.59 -- Thomson Reuters I/B/E/S . Applied Industrial Technologies Inc- company's board of directors increased quarterly cash dividend to $0.29 per common share . FY2017 earnings per share view $2.58 -- Thomson Reuters I/B/E/S .Applied Industrial Technologies Inc- updated full-year fiscal 2017 earnings per share guidance is between $2.50 and $2.60 per share.  Full Article

Applied Industrial Technologies reports Q1 EPS $0.70
Wednesday, 26 Oct 2016 06:30am EDT 

Applied Industrial Technologies Inc : Applied Industrial Technologies reports fiscal 2017 first quarter results . Q1 earnings per share $0.70 . Q1 sales $624.8 million versus I/B/E/S view $625.6 million . Sees FY 2017 earnings per share $2.40 to $2.60 . Q1 earnings per share view $0.61 -- Thomson Reuters I/B/E/S . Applied Industrial Technologies says reaffirms full-year earnings guidance .FY earnings per share view $2.51 -- Thomson Reuters I/B/E/S.  Full Article

Applied Industrial Q4 earnings per share $0.66
Friday, 12 Aug 2016 06:30am EDT 

Applied Industrial Technologies Inc : Applied Industrial Technologies reports fiscal 2016 fourth quarter and year-end results . Q4 earnings per share $0.66 . Net sales for quarter were $634.0 million, a decrease of 6.4 percent . Q4 sales $634 million vs I/B/E/S view $642.3 million . Q4 earnings per share view $0.66 -- Thomson Reuters I/B/E/S . Company is forecasting a sales change in range of negative 3.0 percent to up 1.0 percent for full-year 2017 . Sees full-year 2017 earnings per share $2.40 to $2.60 . Full-year 2016 earnings per view $2.49, rev view $2.53 billion -- Thomson Reuters I/B/E/S .Full-year 2017 earnings per share view $2.66, rev view $2.57 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Applied Industrial Technologies Updates EPS Guidance For FY2018 To $3.19 To $3.39 Per Share

* APPLIED INDUSTRIAL TECHNOLOGIES INC - UPDATED ITS GUIDANCE REGARDING IMPACT OF ACQUISITION OF FCX PERFORMANCE, INC. ON ITS FISCAL YEAR 2018 RESULTS