A. O. Smith Corporation, a top company in water heating and treatment, has been honored as one of the 2025 World's Most Ethical Companies by Ethisphere. This recognition highlights the company's strong commitment to ethics, compliance, and governance programs. The announcement was made on March 11, 2025, in Milwaukee.
On February 24, 2025, ASGN, AOS, and EADSY were included in the Zacks Rank #5 (Strong Sell) List.
A.O. Smith has the opportunity to gain from profitable acquisitions. However, the weakness in the Chinese real estate market is worrying.
A. O. Smith Corporation (NYSE:AOS) will hold its Q4 2024 Earnings Conference Call on January 30, 2024, at 10:00 AM ET. The call will feature company representatives including Helen Gurholt, Kevin Wheeler, Stephen Shafer, and Chuck Lauber. Participants from various firms, such as Mike Halloran from Robert W. Baird & Co. and Matt Summerville from D.A., will also join the discussion.
On Thursday, January 30, water heater maker A.O. Smith (AOS -3.77%) announced its earnings for the fourth quarter of 2024, which did not meet the expectations of analysts.
A.O. Smith (AOS) reported quarterly earnings of $0.85 per share, which is lower than the Zacks Consensus Estimate of $0.89 per share. This is a decrease compared to earnings of $0.97 per share from the same period last year.
In 2024, A. O. Smith Corporation reported sales of $3.8 billion, which is a 1% decline mainly due to lower sales in China. The net earnings were $533.6 million, resulting in diluted earnings per share (EPS) of $3.63, a decrease of 2% attributed to reduced sales and restructuring costs. The company returned $496 million to shareholders through dividends and share buybacks, and the acquisition of Pureit had little effect on the overall results for the year.
AOS experienced an 8% drop in sales in the fourth quarter because of reduced water heater sales and a decline in sales in China.
AOS's results for the fourth quarter of 2024 are expected to show the effects of a slowdown in the water heater market in both the United States and China. However, the commercial boilers sector is likely to have provided some support.
A.O. Smith (AOS) has the right mix of factors that could lead to better earnings in its next report. Be ready for the important expectations.