For the quarter ended March 2026, Applied Industrial Technologies (AIT) reported revenue of $1.25 billion, up 7.3% over the same period last year. EPS came in at $2.65, compared to $2.57 in the year-ago quarter.
The reported revenue represents a surprise of +2.23% over the Zacks Consensus Estimate of $1.22 billion. With the consensus EPS estimate being $2.63, the EPS surprise was +0.84%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Applied Industrial Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Engineered Solutions: $446.52 million versus the three-analyst average estimate of $432.06 million. The reported number represents a year-over-year change of +10.2%. Net Sales- Service Center Based Distribution: $804.94 million versus the three-analyst average estimate of $792.44 million. The reported number represents a year-over-year change of +5.7%. Operating income- Engineered Solutions: $51.64 million versus $51.52 million estimated by three analysts on average. Operating income- Service Center Based Distribution: $109.41 million compared to the $104.11 million average estimate based on three analysts.View all Key Company Metrics for Applied Industrial Technologies here>>>
Shares of Applied Industrial Technologies have returned +13.5% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.7 Best Stocks for the Next 30 Days
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Applied Industrial Technologies, Inc. (AIT): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).