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 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 ...

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 ...

Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter.Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.Now that we know how important earnings and earnings surprises a ...

A. O. Smith Corporation (AOS) is likely to witness top-line and bottom-line growth when it reports fourth-quarter 2023 results on Jan 30, before the opening bell. The Zacks Consensus Estimate for revenues is pegged at $982.4 million, which suggests growth of 5% from the prior-year quarter’s reported figure.The consensus mark for earnings is pinned at 95 cents per share, which has improved 2.3% in the past 60 days. The figure indicates a jump of 10.5% from the figure reported in the prior-year quarter. The c ...

Wall Street expects a year-over-year increase in earnings on higher revenues when A.O. Smith (AOS) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 30, 2024, might help the stock move higher if these key numbers are better than ex ...