Will A.O. Smith (AOS) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - A.O. Smith (AOS) is positioned well for potential earnings beats in upcoming reports, supported by a strong history of exceeding earnings estimates and positive analyst sentiment [1][2]. Group 1: Earnings Performance - A.O. Smith has a solid track record of beating earnings estimates, with an average surprise of 12.46% over the last two quarters [1]. - In the last reported quarter, A.O. Smith achieved earnings of $0.90 per share, surpassing the Zacks Consensus Estimate of $0.79 per share by 13.92% [1]. - For the previous quarter, the company reported earnings of $1.01 per share against an expected $0.91 per share, resulting in a surprise of 10.99% [1]. Group 2: Analyst Estimates and Predictions - Recent estimates for A.O. Smith have been trending upward, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [2][3]. - The current Earnings ESP for A.O. Smith is +1.02%, reflecting increased analyst optimism regarding its near-term earnings potential [3]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a high probability of another earnings beat in the upcoming report [3]. Group 3: Earnings ESP Insights - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [3]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have historically produced positive surprises nearly 70% of the time [2].