A. O. Smith

A. O. Smith Corp. manufactures residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. It operates through the following two segments: North America and Rest of World. The North America segment manufactures and markets comprehensive lines of residential and commercial gas and electric water heaters, boilers, tanks. The Rest of World segment includes China, Europe, and India and manufactures and markets water treatment products. The company was founded by Charles Jeremiah Smith in 1874 and is headquartered in Milwaukee, WI.

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A. O. Smith (AOS) reports record sales and earnings growth, eyes market expansion in 2023

A. O. Smith (AOS) delivered strong financial performance in Q4 2022, with record sales and earnings growth despite challenges, showcasing resilience and strategic focus.
The company's strengths lie in its robust boiler segment performance, commitment to ESG values, and capital allocation priorities, positioning it for sustainable growth and shareholder value creation.
While facing challenges such as supply chain disruptions and COVID-19 impacts on sales, A. O. Smith (AOS) has opportunities for growth in 2023 through market expansion and product innovation.
Overall, A. O. Smith (AOS) is poised for continued success in 2023, with a positive outlook for key segments and strategic initiatives driving future performance and profitability.

A. O. Smith (AOS) achieves record Q1 earnings amidst market challenges

A. O. Smith (AOS) reported a strong first quarter performance with record adjusted EPS and growth in North America water heater sales. The company faces challenges from China's weakened consumer demand and potential issues from rising interest rates. Opportunities lie in organic growth, strategic acquisitions, and innovation.

A. O. Smith achieves record EPS in Q2 2023 amidst market challenges

A. O. Smith delivered a strong second-quarter performance with record EPS and sales growth in key segments.
The company faces challenges in pricing dynamics and consumer behavior but sees opportunities in industry growth and product innovation.
With a focus on sustainability and strategic acquisitions, A. O. Smith remains committed to driving organic growth and shareholder value.

A.O. Smith reports robust Q3 earnings, raises guidance for 2023

A.O. Smith's strong Q3 performance driven by North America sales growth and strategic acquisitions.
Despite challenges in certain segments, the company's focus on innovation and financial stability bode well for future growth.
Revised earnings guidance and robust free cash flow projections signal a positive outlook for shareholders.

A. O. Smith reports record 2023 earnings, eyes growth opportunities

A. O. Smith's strong financial performance in 2023 underscores its market resilience and strategic focus on growth. With a robust free cash flow, increased shareholder returns, and a positive outlook for 2024, the company is well-positioned to capitalize on emerging opportunities and navigate challenges effectively.

A. O. Smith reports robust Q1 earnings, eyes growth opportunities

A. O. Smith's strong Q1 performance and reaffirmed outlook for 2024 demonstrate resilience and strategic focus amidst market challenges.
Focus on product innovation, market expansion, and operational efficiency positions the company for sustained growth and profitability.
Despite short-term challenges in certain markets, A. O. Smith's proactive approach and diversified growth strategies offer a promising outlook for the future.

A.O. Smith achieves record sales, acquires Pureit for market expansion

A.O. Smith's strong performance in Q2 2024 reflects its global growth strategy and market resilience.
While facing challenges in certain segments, the company's strengths in key markets position it well for the future.
By seizing opportunities for expansion and innovation, A.O. Smith aims to sustain its growth trajectory.

A. O. Smith reports Q3 earnings decline, eyes growth opportunities

A. O. Smith faced challenges in Q3 2024 due to weaker consumer demand in key markets, particularly China and North America.
Despite these challenges, the company showcased strengths in diversification, expansion projects, and strategic acquisitions to enhance its product portfolio.
Opportunities lie in the company's optimistic long-term outlook, reaffirmed earnings guidance, and areas identified for potential improvement based on analyst questions.

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A. O. Smith Corp. manufactures residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. It operates through the North America and Rest of World segments. The North America segment manufactures and markets comprehensive lines of residential and commercial gas and electric water heaters, boilers, and tanks. The Rest of World segment markets water treatment products in China, Europe, and India. The company was founded by Charles Jeremiah Smith in 1874 and is headquartered in Milwaukee, WI.

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A. O. Smith's (AOS) measures to consistently reward shareholders through dividends and share buybacks hold promise.

A. O. Smith (AOS) Rewards Investors With 7% Dividend Hike

A.O. Smith Corp. AOS, +1.99% on Monday said that its board approved a 7% increase in the company's quarterly cash dividend rate to 32 cents a share. The company, which makes water-heating equipment and water-treatment products, said the move reflected “our confidence in the stability in our replacement demand inherent in our water heating and boiler businesses, as well as our focus on returning capital to shareholders.

A.O. Smith increases dividend

MILWAUKEE , Oct. 9, 2023 /PRNewswire/ -- On Monday, October 9, 2023, the board of directors of A. O. Smith Corporation (NYSE: AOS) approved a 7% increase in the company's quarterly cash dividend rate to $0.32 per share.

A. O. Smith Increases Quarterly Dividend to $0.32 per Share

Strength in the North America segment, driven by robust demand for commercial and residential water heaters, augurs well for A. O. Smith (AOS).

Here's Why You Should Consider Investing in A. O. Smith (AOS)

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MILWAUKEE , Oct. 5, 2023 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE: AOS) will host an Investor Day in Chicago on Monday, November 6, 2023.

A. O. Smith to Host an Investor Day on November 6, 2023

A.O. Smith Corporation's revenue is expected to benefit from channel inventory normalization and the reopening of the Chinese economy. A.O. Smith has good long-term growth opportunities in the Indian market and is well-positioned to benefit from sustainability trends in the water heater industry. Valuation is reasonable.

A.O. Smith: Attractively Valued With Good Growth Prospects

A. O. Smith's adjusted diluted EPS and free cash flow payout ratios are both going to be very safe in 2023. The company's net sales were almost flat in the first half, but its adjusted diluted EPS soared by 22% during the period. A. O. Smith's interest coverage ratio was above 45 through the first two quarters of this year.

A. O. Smith: A Decent Buying Opportunity For This SWAN Stock

MILWAUKEE , Oct. 2, 2023 /PRNewswire/ -- A. O. Smith Corporation (NYSE: AOS) will release its third quarter 2023 financial results before the market opens on Thursday, October 26, 2023, and has scheduled an investor conference call to follow at 10:00 a.m.

A. O. Smith to Hold Third Quarter Conference Call on October 26, 2023

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Fifteen long-term dividend growth companies, AbbVie among them, will announce their annual increases in October. Most of the increases will be in the single digit range, with 10%+ increases expected from A. O. Smith, Lincoln Electric and Waste Connections. Microsoft announced a 10% dividend increase in September, and we're still waiting for announcements from McDonald's and Lockheed Martin.

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Water heaters are the core of A. O. Smith's business.

China and India Drive A. O. Smith to Record Results.

Improving supply chains and strong demand for commercial and residential water heaters are expected to aid A. O. Smith (AOS).

A. O. Smith (AOS) Up Nearly 22% YTD: Will the Trend Last?

A.O. Smith (AOS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

What Makes A.O. Smith (AOS) a New Strong Buy Stock

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A.O. Smith (AOS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -9.3% in 4 Weeks, Here's Why A.O. Smith (AOS) Looks Ripe for a Turnaround

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A. O. Smith's (AOS) Q2 results benefit from the continued demand for North America commercial and residential water heater products. The company hikes its earnings guidance for 2023.

A. O. Smith (AOS) Beats on Q2 Earnings, Revises 2023 View

While the top- and bottom-line numbers for A.O. Smith (AOS) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, A.O. Smith (AOS) Q2 Earnings: A Look at Key Metrics

A.O. Smith (AOS) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.82 per share a year ago.

A.O. Smith (AOS) Tops Q2 Earnings Estimates

Second Quarter 2023 Highlights (Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $961 million, a decrease of 1% North America decreased 3% Rest of World increased 6%, an increase of 12% in local currency Net earnings of $157.0 million resulted in record EPS of $1.04, an increase of 28% Adjusted earnings of $152.5 million exclude non-cash after-tax income of $4.5 million related to the finalization of our pension settlement, resulting in record adjusted EPS of $1.01 Strong operating cash flow and free cash flow of $260.2 million and $236.0 million respectively, driven by higher earnings and working capital management 2023 Outlook raised to: Sales flat, to up 2%, compared to 2022 EPS of between $3.38 and $3.53 and adjusted EPS between $3.45 and $3.60 MILWAUKEE , July 27, 2023 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE: AOS) today announced its second quarter 2023 results.

A. O. Smith Reports Record Earnings Per Share (EPS) in the Second Quarter 2023

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News for A. O. Smith Stock (AOS)