APPLIED INDUSTRIAL TECHNOLOGIES, INC.

(AIT)
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Applied Industrial Technologies to Report Second Quarter Earnings and Conduct Investor Teleconference on January 27, 2022

01/06/2022 | 01:01pm EDT

Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2022 second quarter financial results on Thursday, January 27, 2022, before the market opens. The Company’s fiscal 2022 second quarter ended December 31, 2021.

A quarterly conference call will begin at 10 a.m. ET on January 27 to discuss the Company’s performance and outlook with analysts and investors. A supplemental presentation detailing latest quarter results will be available for reference on the Investor Relations portion of the Company’s website at www.applied.com. To join the call, dial 877-311-4351 (toll free) or 614-999-9139 (International callers) using conference ID 9034797.

A live audio webcast can be accessed online through the investor relations portion of the Company’s website at www.applied.com. To help ensure you do not miss any of the conference call, please dial-in or link to the call 15 minutes prior to the scheduled start. Replays of the call will be made available for two weeks via webcast or telephone by dialing 855-859-2056 or 800-585-8367 (both toll free), or 404-537-3406 (International) using conference ID 9034797.

About Applied®
Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO and OEM end users in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. For more information, visit www.applied.com.


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Financials (USD)
Sales 2022 3 724 M - -
Net income 2022 244 M - -
Net Debt 2022 - - -
P/E ratio 2022 15,9x
Yield 2022 1,35%
Capitalization 3 816 M 3 816 M -
Capi. / Sales 2022 1,02x
Capi. / Sales 2023 0,98x
Nbr of Employees 6 008
Free-Float 69,9%
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Technical analysis trends APPLIED INDUSTRIAL TECHNOLOGIES, INC.
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 5
Last Close Price 99,27 $
Average target price 126,00 $
Spread / Average Target 26,9%
EPS Revisions
Managers and Directors
Neil A. Schrimsher President, Chief Executive Officer & Director
David K. Wells Vice President-Finance
Peter C. Wallace Chairman
Lonny D. Lawrence Vice President-Information Technology
Dan P. Komnenovich Independent Director
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