UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________ FORM 10-Q ______________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-------------------------------------|------------------------------------- ...

2 1 nd Quarter 2024 Earnings Presentation Second Quarter 2024 Results July 23, 2024 | --- | --- | --- | --- | --- | |-------------------------------------------------------|------------------------------------------------------------------------|--------------------------------------------------------------------------------------|-------|-------| | | | | | | | | | C | C | | | | | @ | | °.o | | Kevin J. Wheeler Chairman and Chief Executive Officer | Charles T. Lauber Executive Vice President and Chief Finan ...

A. O. Smith Corporation (NYSE:AOS) Q2 2024 Earnings Conference Call July 23, 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 Matt Summerville - D.A. Davidson Jeff Hammond - KeyBanc Capital Markets Susan Maklari - Goldman Sachs Saree Boroditsky - Jefferies Andy Kaplowitz - Citigroup David MacGregor - Longbow Research Scott Graham - Seaport Research Partners Damian Karas - UBS Operator ...

A. O. Smith Corporation’s (AOS) second-quarter 2024 adjusted earnings of $1.06 per share missed the Zacks Consensus Estimate of $1.07. However, the bottom line increased 5% on a year-over-year basis.Net sales of $1.02 billion surpassed the consensus estimate of $992 million. The top line increased 7% year over year, driven by strong demand for residential and commercial water heaters in North America.Segmental DetailsA. O. Smith’s quarterly sales in North America (comprising the United States and Canada ope ...

A.O. Smith (AOS) came out with quarterly earnings of $1.06 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.93%. A quarter ago, it was expected that this maker of water heaters and boilers would post earnings of $0.99 per share when it actually produced earnings of $1, delivering a surprise of 1.01%.Over the last four quart ...

Exhibit 99.1 News Release Media Relations: Curt Selby 414-359-4191 curt.selby@aosmith.com | --- | |-------| | | | | FOR IMMEDIATE RELEASE July 23, 2024 A. O. Smith Reports Record Sales in the Second Quarter Second Quarter 2024 Highlights (Comparisons are year-over-year ("YoY"), unless otherwise noted) • Record sales of $1 billion, an increase of 7%, driven by higher water heater volumes • Diluted earnings per share (EPS) of $1.06, a YoY increase of 2% and an increase of 5% compared to prior year adjusted EP ...

Second Quarter 2024 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted)Record sales of $1 billion, an increase of 7%, driven by higher water heater volumesDiluted earnings per share (EPS) of $1.06, a YoY increase of 2% and an increase of 5% compared to prior year adjusted EPS Reaffirm 2024 sales outlook of an increase of 3% to 5%Narrow EPS guidance to a range of between $3.95 and $4.10Recently announced Pureit acquisition expected to close by the end of 2024MILWAUKEE, July 23, 2024 /P ...

The second-quarter earnings season for the Industrial Products sector is set to kick off this week. Per the Earnings Trends report dated Jul 17, the S&P 500 companies in the Industrial Sector are likely to witness a 7.4% decline in earnings for the second quarter of 2024 on the back of 2.2% lower revenues. The sector is among seven of the 16 Zacks Sectors that are anticipated to witness lower earnings than the year-ago quarter.With major industrial stocks like Dover Corporation (DOV) , Avery Dennison Corpor ...

A. O. Smith Corporation (AOS) is likely to witness top and bottom-line growth when it reports second-quarter 2024 results on Jul 23, before the opening bell. The Zacks Consensus Estimate for revenues is pegged at $990 million, which indicates growth of 3% from the year-ago quarter’s reported figure.The consensus mark for earnings is pinned at $1.06 per share, which has remained steady in the past 60 days. The estimate indicates a jump of 5% from the figure reported in the year-ago quarter. The company’s bot ...

Loading...Loading...As of July 17, 2024, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is ab ...