A. O. Smith Corporation’s (AOS) third-quarter 2024 adjusted earnings of 82 cents per share matched the Zacks Consensus Estimate. The bottom line decreased 8.9% on a year-over-year basis.Net sales of $902.6 million missed the consensus estimate of $913 million. The top line decreased 4% year over year due to lower sales in China and decreased volumes of water heaters in North America.Segmental DetailsA. O. Smith’s quarterly sales in North America (comprising the United States and Canada operations) increased ...

For the quarter ended September 2024, A.O. Smith (AOS) reported revenue of $902.6 million, down 3.7% over the same period last year. EPS came in at $0.82, compared to $0.90 in the year-ago quarter.The reported revenue represents a surprise of +0.12% over the Zacks Consensus Estimate of $901.55 million. With the consensus EPS estimate being $0.82, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectation ...

A.O. Smith (AOS) came out with quarterly earnings of $0.82 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this maker of water heaters and boilers would post earnings of $1.07 per share when it actually produced earnings of $1.06, delivering a surprise of -0.93%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.A.O. Smith ...

News Release Media Relations: Curt Selby 414-359-4100 curt.selby@aosmith.com | --- | |------------------------------| | | | | | Investor Relations: | | Helen Gurholt 414-359-4157 | FOR IMMEDIATE RELEASE October 11, 2024 A. O. Smith Announces Preliminary Third Quarter Results and Provides Revised 2024 Full Year Guidance Summary (Comparisons are year-over-year ("YoY"), unless otherwise noted) • Preliminary third quarter sales of $903 million, a decrease of 4%, due to lower sales in China and North America wat ...

Third Quarter 2024 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted)Sales of $903 million, a decrease of 4%, driven by lower sales in China and lower volumes of water heaters in North AmericaNet earnings of $120 million, a decrease of 11%Diluted earnings per share (EPS) of $0.82, a decrease of 9% Reaffirm revised 2024 EPS outlook of $3.70 to $3.856% increase to our dividend; we have increased our dividend for 32 consecutive yearsRecently announced Pureit acquisition on track to clos ...

A. O. Smith Corporation (AOS) is set to release third-quarter 2024 results on Oct. 22, before the opening bell. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for revenues is pegged at $901.1 million, which indicates a decline of 4% from the year-ago quarter’s figure. The consensus mark for earnings is pinned at 86 cents per share, which has declined 8.5% in the past 60 days. The estimate indicates a decrease of 4.4% from the figure reported in the year ...

The upcoming report from A.O. Smith (AOS) is expected to reveal quarterly earnings of $0.82 per share, indicating a decline of 8.9% compared to the year-ago period. Analysts forecast revenues of $901.55 million, representing a decrease of 3.8% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 12.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timef ...

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Here are three stocks added to the Zacks Rank #24 (Strong Sell) List today:A. O. Smith Corporation (AOS) is a residential and commercial gas and electric water utility products company. The Zacks Consensus Estimate for its current year earnings has been 5.2% downward over the last 60 days.Deere & Company (DE) is a distributor of agricultural, forestry and construction equipment. The Zacks Consensus Estimate for its current year earnings has been revised 1.2% downward over the last 60 days.The Manitowoc Comp ...

Summary(Comparisons are year-over-year ("YoY"), unless otherwise noted)Preliminary third quarter sales of $903 million, a decrease of 4%, due to lower sales in China and North America water heatingPreliminary third quarter earnings per share ("EPS") of $0.82, a decrease of 9%Preliminary cash provided by operations of $360 million and preliminary free cash flow of $283 million in the first nine months of 2024Lowered full year EPS guidance to be between $3.70 and $3.85 compared to prior guidance of $3.95 to $ ...