A. O. Smith(AOS)

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Here's Why A.O. Smith (AOS) is a Strong Growth Stock
Zacks Investment Research· 2024-02-20 15:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What a ...
A. O. Smith(AOS) - 2023 Q4 - Annual Report
2024-02-12 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-475 A. O. Smith Corporation (Exact name of registrant as specified in its charter) Delaware (State of Incorporation) 11270 West Park Place, Milwau ...
A. O. Smith (AOS): Strong Industry, Solid Earnings Estimate Revisions
Zacks Investment Research· 2024-02-01 14:40
One stock that might be an intriguing choice for investors right now is A. O. Smith Corporation (AOS) . This is because this security in the Manufacturing - Electronics space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place ...
A. O. Smith: Buy This Excellent Dividend Aristocrat On The Next Dip
Seeking Alpha· 2024-02-01 12:30
Growing stacks of coins symbolizing the power of compounding. LdF Since the time I was 12 years old, I took an interest in the stock market. Readers who know me well may already know my story. But for those who are less familiar with me, I was fascinated by the dividend growth investing strategy from the start. The thought of my share of a company's earnings and my passive income via dividends consistently growing was one with which I immediately fell in love. That is why when I began investing at age 20 (j ...
A. O. Smith(AOS) - 2023 Q4 - Earnings Call Transcript
2024-01-30 18:48
A. O. Smith Corporation (NYSE:AOS) Q4 2023 Earnings Conference Call January 30, 2024 10:00 AM ET Company Participants Helen Gurholt - VP, IR and Financial Planning & Analysis Kevin Wheeler - Chairman & CEO Chuck Lauber - CFO Conference Call Participants Michael Halloran - Baird Jeff Hammond - KeyBanc Capital Markets Susan Maklari - Goldman Sachs Saree Boroditsky - Jefferies David MacGregor - Longbow Research Andy Kaplowitz - Citigroup Operator Good day and thank you for standing by. Welcome to the A. O. Smi ...
A. O. Smith (AOS) Q4 Earnings Beat Estimates, Sales Rise Y/Y
Zacks Investment Research· 2024-01-30 18:01
A. O. Smith Corporation’s (AOS) fourth-quarter 2023 adjusted earnings of 97 cents per share surpassed the Zacks Consensus Estimate of adjusted earnings of 96 cents. The bottom line jumped 13% year over year, driven by the continued strong demand for residential water heaters in North America.Net sales of $988.1 million narrowly missed the consensus estimate of $989 million. However, the top line increased 5.6% year over year.Segmental DetailsA. O. Smith’s quarterly sales in North America (comprising the Uni ...
A.O. Smith (AOS) Upgraded to Buy: What Does It Mean for the Stock?
Zacks Investment Research· 2024-01-30 18:01
A.O. Smith (AOS) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individual in ...
A.O. Smith (AOS) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-01-30 15:38
A.O. Smith (AOS) reported $988.1 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 5.6%. EPS of $0.97 for the same period compares to $0.86 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $989.08 million, representing a surprise of -0.10%. The company delivered an EPS surprise of +1.04%, with the consensus EPS estimate being $0.96.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...
A. O. Smith Reports Record Sales and Earnings in 2023 and Introduces 2024 Guidance
Prnewswire· 2024-01-30 11:55
2023 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted) Record sales of $3.9 billion, an increase of 3% primarily driven by higher water heater volumes Record net earnings of $556.6 million and record earnings per share (EPS) of $3.69 driven by higher volumes and improved operating margin in North America Adjusted earnings of $574.8 million resulted in adjusted EPS of $3.81, an increase of 21% Strong operating cash flow and free cash flow of $670 million and $598 million, respectivel ...
Curious about A.O. Smith (AOS) Q4 Performance?
Zacks Investment Research· 2024-01-26 15:21
The upcoming report from A.O. Smith (AOS) is expected to reveal quarterly earnings of $0.95 per share, indicating an increase of 10.5% compared to the year-ago period. Analysts forecast revenues of $982.51 million, representing an increase of 5% year over year.The current level reflects an upward revision of 2.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.B ...