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 ...

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. A.O. Smith (AOS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.A.O. Smith is one of 218 individual stocks in the Industrial Products sector. Collectively, these companies sit at #5 in the Zacks S ...

MILWAUKEE, July 15, 2024 /PRNewswire/ -- Global water technology company A. O. Smith Corporation (the "Company") (NYSE: AOS) announced today that it has signed an agreement to acquire Pureit from Unilever. Pureit offers a broad range of residential water purification solutions and has annual sales of approximately USD $60 million, primarily in India. The purchase price will be approximately USD $120 million in cash, subject to customary adjustments. The Company expects to complete the acquisition of Pureit ...

MILWAUKEE, July 8, 2024 /PRNewswire/ -- Directors of A. O. Smith Corporation (NYSE: AOS) today declared a regular quarterly cash dividend of $.32 per share on the company's Common Stock and Class A Common Stock.The dividend is payable on Thursday, August 15 to shareholders of record Wednesday, July 31, 2024.A. O. Smith Announces Quarterly DividendPost thisAbout A. O. SmithCelebrating its 150th year of business, A. O. Smith Corporation, headquartered in Milwaukee, Wis., is a global leader applying innovative ...

A. O. Smith Corporation (AOS) is poised to benefit from strength across its businesses, acquired assets, healthy liquidity position and focus on operational excellence. The company remains committed to investing in growth opportunities and strengthening its long-term market position.This Zacks Rank #2 (Buy) company has a market capitalization of $11.8 billion. Over the past year, the stock has risen 11.2%. However, both the stock and the industry have declined 1.3% in the past month.Image Source: Zacks Inve ...

MILWAUKEE, July 2, 2024 /PRNewswire/ -- A. O. Smith Corporation (NYSE: AOS) will release its second quarter 2024 financial results before the market opens on Tuesday, July 23, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Time). The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Second ...

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 research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.W ...

A. O. Smith Corporation (AOS) has been benefiting from strong demand for water heater products and higher shipments in North America. The company expects sales from both the North America boiler and water treatment businesses to grow approximately 8-10% in 2024. Also, healthy demand for tankless water heaters and kitchen appliance products in China has been boosting performance of the Rest of the World business. For 2024, A. O. Smith expects overall sales to increase approximately 3-5% from the year-ago lev ...