Profile
Sector:
IndustrialsIndustry:
Specialty Industrial MachineryCountry:
United StatesIPO:
30 September 1983Website:
http://www.aosmith.comNext earnings report:
30 January 2025Last dividends:
31 October 2024Next dividends:
N/APrice
regular market | 4 min agoAnalysts recommendations
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AOS Latest News
A.O. Smith (AOS) reported earnings 30 days ago. What's next for the stock?
To determine if an investment is undervalued, you can look at factors such as shares outstanding, long-term debt, gross margin, P/E ratio, and past dividend yield. AO Smith is a well-known company that provides good management for shareholders and has attractive long-term returns. On the other hand, WSO has experienced rapid revenue growth, which is shown in its stock price, but its dividend growth might be slowing because of a high payout ratio.
MILWAUKEE, Nov. 1, 2024 /PRNewswire/ -- A. O. Smith Corporation, a global water technology firm (NYSE: AOS), has announced that it has successfully acquired Pureit, a business owned by Unilever PLC, for around $120 million, with some standard adjustments.
My investment approach involves purchasing, holding, and increasing my stake in companies that regularly raise their dividends and perform better than market averages. I combine information from the "U.S. Dividend Champions" spreadsheet and NASDAQ to find companies that have increased their dividends for at least five years. All the stocks I consider have a minimum of five years of dividend growth history and are included in the U.S. Dividend Champions List.
A. O. Smith Corporation (NYSE:AOS) will hold its Q3 2024 Earnings Conference Call on October 22, 2024, at 10:00 AM ET. The call will feature company representatives including Helen Gurholt, the VP of Investor Relations and Financial Planning, Kevin Wheeler, the Chairman and CEO, and Chuck Lauber, the CFO. Participants from various financial institutions, such as Susan Maklari from Goldman Sachs and Jeff Hammond from KeyBank Capital Markets, will also be present.
AOS experienced a 4% drop in revenues in the third quarter compared to the same time last year, mainly because of reduced sales in China and fewer water heater sales in North America.
The main figures for A.O. Smith (AOS) provide an overview of the company's performance for the quarter that ended in September 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.
A.O. Smith (AOS) reported quarterly earnings of $0.82 per share, matching the Zacks Consensus Estimate. This is a decrease from the $0.90 per share earned in the same quarter last year.
In the third quarter of 2024, A. O. Smith Corporation reported sales of $903 million, which is a 4% decline compared to last year, mainly due to lower sales in China and reduced water heater volumes in North America. The company's net earnings fell by 11% to $120 million, and diluted earnings per share decreased by 9% to $0.82. Despite these challenges, the company has raised its dividend by 6% and confirmed its revised earnings outlook for 2024.
Assess the anticipated performance of A.O. Smith (AOS) for the quarter that ended in September 2024. Instead of just focusing on the usual Wall Street revenue and profit predictions, let's take a closer look at some important metrics for a deeper understanding.
What type of business is A O Smith?
A. O. Smith Corporation is a company headquartered in Milwaukee, Wisconsin, specializing in the production and sale of comprehensive lines of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. The company's product portfolio includes a wide range of products designed for use in residential homes, restaurants, hotels and motels, office buildings, commercial spaces, hospitals, and schools. The manufacturing facilities include 14 plants in the United States and 6 production sites overseas. The company was founded in 1874 and is headquartered in Milwaukee, Wisconsin.
What sector is A O Smith in?
A O Smith is in the Industrials sector
What industry is A O Smith in?
A O Smith is in the Specialty Industrial Machinery industry
What country is A O Smith from?
A O Smith is headquartered in United States
When did A O Smith go public?
A O Smith initial public offering (IPO) was on 30 September 1983
What is A O Smith website?
https://www.aosmith.com
Is A O Smith in the S&P 500?
Yes, A O Smith is included in the S&P 500 index
Is A O Smith in the NASDAQ 100?
No, A O Smith is not included in the NASDAQ 100 index
Is A O Smith in the Dow Jones?
No, A O Smith is not included in the Dow Jones index
When was A O Smith the previous earnings report?
No data
When does A O Smith earnings report?
The next expected earnings date for A O Smith is 30 January 2025