It has been about a month since the last earnings report for A.O. Smith (AOS) . Shares have added about 6.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is A.O. Smith due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. A. O. Smith Q4 Earnings Beat Estimates, Sales Rise ...

Core Insights - Zacks Premium offers tools for investors to enhance their stock market engagement and confidence through various resources like daily updates, research reports, and stock screens [1] Zacks Style Scores - Zacks Style Scores provide a rating system for stocks based on value, growth, and momentum, helping investors identify securities likely to outperform the market in the short term [2] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [2] Value Score - The Value Style Score identifies attractive and discounted stocks using financial ratios such as P/E, PEG, and Price/Sales [2] Growth Score - The Growth Style Score focuses on a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [3] Momentum Score - The Momentum Style Score assesses trends in stock prices and earnings estimates, indicating optimal times to invest in high-momentum stocks [3] VGM Score - The VGM Score combines the three Style Scores to highlight stocks with the best value, growth potential, and momentum, serving as a strong indicator alongside the Zacks Rank [4] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [5] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [6] Company Spotlight: A.O. Smith Corporation (AOS) - A.O. Smith Corporation is a leading manufacturer of water heating and treatment products, known for innovative and energy-efficient solutions [7] - AOS holds a Zacks Rank of 3 (Hold) and has a VGM Score of A, indicating solid performance potential [7] - The company is projected to experience year-over-year earnings growth of 6.3% for the current fiscal year, with upward revisions in earnings estimates from analysts [7][8]

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 ...

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 ...

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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 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) 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) 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 ...

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 ...