Group 1 - A. O. Smith Corporation's board approved a 6% increase in the quarterly cash dividend rate to $0.34 per share [1] - The dividend increase applies to both Common Stock and Class A Common Stock [1] - The dividend is scheduled to be payable on November 15, 2024, to shareholders of record as of October 31, 2024 [1] Group 2 - The CEO highlighted a five-year compound annual growth rate of approximately 8% for the dividend rate [1] - A. O. Smith has a history of increasing its dividend for over 30 years [1] - The company is recognized as a global leader in innovative technology and energy-efficient solutions in water heating and treatment products [2]

MILWAUKEE, Oct. 2, 2024 /PRNewswire/ -- A. O. Smith Corporation (NYSE: AOS) will release its third quarter 2024 financial results before the market opens on Tuesday, October 22, 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 "Third ...

A. O. Smith Corporation (AOS) is poised to gain from improving supply chains, which are driving shipments in North America and internationally. The company’s handsome rewards to shareholders add to its appeal.Based in Milwaukee, WI, A. O. Smith is a leading manufacturer of commercial and residential water heating equipment and water treatment products. The company specializes in offering innovative, and energy-efficient solutions and products, which are developed and sold globally.Let’s discuss the factors ...

It has been about a month since the last earnings report for A.O. Smith (AOS) . Shares have added about 1.4% in that time frame, underperforming 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 Q2 Earnings Miss Estimates, Sales Ri ...

A. O. Smith Corporation (AOS) has been benefiting from strong demand for water heaters and commercial boilers in residential and commercial markets of North America. The company expects sales from both the North America boiler and water treatment businesses to grow approximately 8-10% this year.  Also, healthy demand for combi boilers and kitchen appliance products in China has been boosting the performance of the Rest of the World business. For 2024, A. O. Smith expects overall sales to increase approximat ...

brusinski Introduction It is always nice to have companies in your portfolio that are capable of raising the dividend like clockwork. Whether things are going good or bad in the stock market, these companies have a robust business model and a solid balance sheet and are therefore able to achieve sustainable dividend growth. A. O. Smith Corporation (NYSE:AOS) is a company that meets these criteria. What is special is that the company has existed for 150 years this year. This confirms that AOS stood the test ...

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 ...