logo
Applied Industrial Technologies to Report Fiscal Fourth Quarter Earnings and Conduct Conference Call on August 14, 2025

Applied Industrial Technologies to Report Fiscal Fourth Quarter Earnings and Conduct Conference Call on August 14, 2025

Globe and Mail6 days ago
Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2025 fourth quarter results on Thursday, August 14, 2025, before the market opens. The Company's fiscal 2025 fourth quarter ended June 30, 2025.
The Company will host a conference call at 10 a.m. ET that day to discuss the quarter's results and outlook. A live audio webcast and supplemental presentation can be accessed on our Investor Relations site at https://ir.applied.com. To join by telephone, dial 800-715-9871 (toll free) or 646-307-1963 using conference ID 7270709.
Replays of the call will be available via webcast, as well as by telephone for one week by dialing 800-770-2030 (toll free) using conference ID 7270709.
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 (maintenance, repair, and operations), OEM (original equipment manufacturing), and new system install applications in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. For more information, visit www.applied.com.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Up 33% Year to Date, Is Netflix Stock Still a Buy?
Up 33% Year to Date, Is Netflix Stock Still a Buy?

Globe and Mail

timean hour ago

  • Globe and Mail

Up 33% Year to Date, Is Netflix Stock Still a Buy?

Key Points Netflix has improved earnings trends and operating margins in the first half of the year. Forecasts for the third quarter are strong. In all, the content lineup for the second half of the year bodes well for viewership. 10 stocks we like better than Netflix › I'll be honest. A few years back I thought that the rising streaming wars would take the wind out of Netflix 's (NASDAQ: NFLX) sails. I could not have been more wrong. The stock has gained 33% year to date (at the time of writing), and outpaced the S&P 500 by 45% over the last five years. Why was I wrong? Because the company has significantly improved its net income over the last few years, while creating strong forecasts for the coming quarters. It's done this through a blitz of content, and streamlining operations to improve the bottom line. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Netflix hit a low point in 2022, when revenue dipped to 6.64% growth, and net income fell 12.2% year over year to $4.49 billion. Since then, things are coming back, and it's demonstrated in the share price. A good start to the year In the first quarter, top-line growth was slightly slower than 2025, but the benefits of that growth were better. Netflix reported an operating margin of 31.7% versus a margin of 28.1% in 2024, while earnings were $6.61 per diluted share versus earnings of $5.28 in the first quarter of 2024. Year-over-year growth improved in the second quarter, with a 15.9% increase in total revenue, and operating margin of 34.1% compared to 27.2% in Q2 2024. Earnings for the second quarter increased 47.3% to $7.19 due to a combination of increased net income, and a lower overall share count. The second half sounds great Looking into the second half of the year, Netflix provided some upbeat forecasting. Third-quarter results are anticipated to be pretty strong relative to Q3 of 2024. Revenue is anticipated to grow by 17.3% year over year to $11.5 billion, while operating margin is expected to be 17.3% versus 15% the year prior. The real kicker is earnings, which are anticipated to increase 27.2% year over year to $6.87 per diluted share. In all, Netflix has had solid free cash flow, and seems primed to keep going if its lineup for the second half of the year delivers for users. Upcoming content The platform's lineup for the second half of the year kicked off with the highly anticipated (and irreverent) Happy Gilmore 2, and that's just the start. The company is slated to premiere many popular options including Wednesday season 2, Frankenstein, A House of Dynamite from Kathryn Bigelow, and the final season of the extremely popular Stranger Things. This is just to name a few of the upcoming pipeline that is a part of Netflix's continued strategy of attempting to create content for the broadest audience possible. An example of this is partnering with channels overseas to provide content to a global audience. For example, the company noted in its second quarter shareholder letter that it had partnered with TF1, a popular broadcaster in France, to deliver its content to streamers. To me, this is essential to outpacing competitors in this ever-popular space, and keep the stock as a good investment. I would argue that it's going to be virtually impossible to avoid the ever-expanding popularity of streaming, and Netflix seems to be holding onto the reins despite mounting pressure from a variety of competitors including Walt Disney, Paramount Global, and others. Given Netflix's current trend of improving annual net income, I think it is a strong stock to own right now, even after already gaining 33% this year. Should you invest $1,000 in Netflix right now? Before you buy stock in Netflix, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Netflix wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025

1 AI Robotics Stock to Buy Before It Soars 758% to $8 Trillion, According to a Wall Street Analyst
1 AI Robotics Stock to Buy Before It Soars 758% to $8 Trillion, According to a Wall Street Analyst

Globe and Mail

timean hour ago

  • Globe and Mail

1 AI Robotics Stock to Buy Before It Soars 758% to $8 Trillion, According to a Wall Street Analyst

Key Points Several Wall Street experts anticipate substantial upside in Tesla stock as the company leans into autonomous driving and robotics. Tesla reported dismal first-quarter financial results as increased competition and CEO Elon Musk's political activities eroded its market share. Musk believes Tesla will eventually dominate the trillion-dollar robotaxi market, and he sees a $10 trillion opportunity in humanoid robots. These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: TSLA) shares have declined 25% year to date as the electric carmaker has struggled with weak demand amid growing competition and consumer backlash against CEO Elon Musk's politics. The company is currently worth $976 billion, but several Wall Street experts anticipate substantial upside in the years ahead. Ark Invest analysts, led by Tasha Keeney, think Tesla stock will reach $2,600 per share by 2029. That forecast implies 758% upside from its current share price of $303. It also implies a market value of $8.3 trillion. Wedbush analyst Dan Ives recently told Yahoo Finance that Tesla could be a $2 trillion company within 12 months. That implies 105% upside from its current market value of $976 billion. It also implies a share price of $620. Hedge fund billionaire Ron Baron told CNBC last year that Tesla could be a $5 trillion company within a decade. That implies 410% upside from its current market value. It also implies a share price of $1,550. CEO Elon Musk has said Tesla could eventually be a $30 trillion company as it benefits from autonomous driving and robotics. That implies 2,975% upside from its current market value. It also implies a share price of $9,310. Tesla is one of the most controversial stocks on the market. Investors tend to have binary opinions, either seeing Tesla as an overrated automaker or a revolutionary company poised to reshape the global mobility and labor markets with artificial intelligence. Read on to learn more. Tesla is losing market share in electric vehicles, and Musk warned of rough quarters ahead Tesla ceded significant market share in electric vehicles during the past year as competition increased and CEO Elon Musk damaged the brand with his political activities. The company accounted for just 10% of battery electric vehicle sales through May, down from 16% in the same period last year, according to Morgan Stanley. Tesla reported weak second-quarter financial results. Deliveries decreased by 13%, the second straight drop. Revenue declined 12% to $22 billion, operating margin narrowed by 2 percentage points, and non-GAAP (generally accepted accounting principles) earnings fell 23% to $0.40 per diluted share. Musk also warned that the next few quarters could be rough as the company ramps up its autonomous driving business. "We probably could have a few rough quarters. I'm not saying we will, but we could," he told analysts on the earnings call. "But once we get autonomous to scale in the second half of next year, certainly by the end of next year, I'd be really surprised if the economics are not very compelling." Tesla has substantial opportunities in autonomous ride-hailing services and humanoid robots Tesla has been developing its autonomous driving software for more than a decade. Its vision-only approach (meaning its cars are equipped only with cameras) gives the company a theoretical edge over the market leader Alphabet 's Waymo, which relies on a more costly array of cameras, lidar, and radar. Tesla also has more camera-equipped cars on the road collecting data to train the underlying artificial intelligence (AI) models. Importantly, while Waymo is currently the market leader, with commercial autonomous ride-hailing services in five U.S. cities, Elon Musk thinks Tesla will catch up quickly because its vision-only strategy is more scalable. Indeed, the company recently started its first robotaxi service in Austin, but Musk says the coverage area could include half the U.S. population by year-end. Additionally, Musk says Tesla could eventually have 99% market share in autonomous ride-hailing, which itself is forecast to be a trillion-dollar market in about 15 years. Tom Narayan at RBC Capital expects global robotaxi revenue to reach $1.7 trillion by 2040. He also says Tesla could earn $115 billion in revenue from robotaxi services in that year. Beyond robotaxis, Tesla is also developing an autonomous humanoid robot, called Optimus, to revolutionize the labor industry. Robots could be particularly useful in handling tasks too dangerous, tedious, or physically demanding for humans. Musk says Optimus production will hit 100,000 units monthly (more than 1 million annually) within five years. He also says humanoid robots could be a $10 trillion opportunity for Tesla. The Ark Invest analysts, led by Tasha Keeney, built their 2029 forecast around autonomous driving. Robotaxis are projected to account for more than 60% of revenue, roughly $750 billion, while electric car sales account for less than 30%. The remaining portion will come from energy storage and insurance. Keeney did not factor Optimus into the calculations, but her robotaxi estimates are much more aggressive than those from Narayan at RBC. Tesla's valuation looks absurdly expensive, but autonomous driving and robotics could change the narrative Wall Street estimates Tesla's earnings will increase by 20% annually over the next three to five years. That makes the current valuation of 175 times earnings look absurdly expensive. But Tesla bulls think most analysts are underestimating the impact that robotaxis and robots will have on the business. For instance, Ark Invest estimates that Tesla's earnings before interest, taxes, depreciation, and amortization (EBITDA) will increase by over 3,000% to $440 billion by 2029, which implies a compound annual growth rate of about 115%. While I find that scenario highly unlikely, earnings growth of that magnitude would justify the current valuation. Here's the bottom line: Traders who lack confidence in the robotaxi and robotics narrative should avoid this stock. But patient investors who believe Tesla could revolutionize the mobility and labor markets with AI products like self-driving cars and humanoid robots should own a position. Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $450,531!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $38,420!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $624,823!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join Stock Advisor, and there may not be another chance like this anytime soon. See the 3 stocks » *Stock Advisor returns as of July 29, 2025

AngloGold Ashanti Reports Strong Q2 2025 Results
AngloGold Ashanti Reports Strong Q2 2025 Results

Globe and Mail

time3 hours ago

  • Globe and Mail

AngloGold Ashanti Reports Strong Q2 2025 Results

Anglogold Ashanti PLC ( (AU)) has released its Q2 earnings. Here is a breakdown of the information Anglogold Ashanti PLC presented to its investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. AngloGold Ashanti PLC is a leading global gold mining company with operations spread across four continents, primarily focused on gold exploration, extraction, and processing. The company is known for its diverse portfolio of high-quality assets and a commitment to sustainable mining practices. In its latest earnings report for Q2 2025, AngloGold Ashanti demonstrated significant financial growth, driven by increased gold production and effective cost management. The company reported a 149% rise in free cash flow and a 92% reduction in adjusted net debt, reflecting strong operational performance and strategic financial management. Key highlights from the report include a 21% year-on-year increase in gold production, reaching 804,000 ounces, and a substantial improvement in safety performance. The average gold price received per ounce rose to $3,287, contributing to a 111% increase in adjusted EBITDA to $1.44 billion. The company also declared an interim dividend of 80 US cents per share, showcasing confidence in its financial stability. Strategically, AngloGold Ashanti continues to optimize its portfolio by disposing of non-core assets and consolidating its position in key regions, such as the Beatty District in Nevada. The inclusion in the Russell US Indexes is expected to enhance liquidity and investor visibility. Looking ahead, AngloGold Ashanti remains focused on maintaining its production and cost guidance for the full year, with an emphasis on enhancing margins and extending mine lives. The company is well-positioned to continue its growth trajectory, supported by a robust balance sheet and disciplined capital allocation.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store