Applied Industrial Technologies Revises Fiscal 2025 EPS Guidance To $9.25-$10.00 Compared To Prior Guidance Of $9.20-$9.95 And Consensus Of $9.39
Portfolio Pulse from Benzinga Newsdesk
Applied Industrial Technologies has revised its fiscal 2025 EPS guidance to $9.25-$10.00, up from the previous $9.20-$9.95 and above the consensus of $9.39. The company maintains its sales guidance and EBITDA margins.
October 24, 2024 | 10:35 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Applied Industrial Technologies has increased its fiscal 2025 EPS guidance to $9.25-$10.00, which is higher than both its previous guidance and the consensus estimate. The company maintains its sales and EBITDA margin guidance.
The upward revision of EPS guidance suggests improved profitability expectations, which is likely to positively impact the stock price. The guidance surpasses both previous estimates and consensus, indicating strong performance. Maintaining sales and EBITDA margin guidance provides stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100