AOS Stock Recent News

ASGN, AOS and EADSY have been added to the Zacks Rank #5 (Strong Sell) List on February 24, 2025.

A.O. Smith holds the potential to reap the benefits of accretive acquisitions. However, weakness in the Chinese real estate market is concerning.

#Morningstar #TopDividendStocks #DividendInvesting Two names this month are dividend aristocrats. 00:00 Introduction 00:10 A.O.

ADNT, AOS and BASFY have been added to the Zacks Rank #5 (Strong Sell) List on February 6, 2025.

A. O. Smith Corporation (NYSE:AOS ) Q4 2024 Earnings Conference Call January 30, 2024 10:00 AM ET Company Participants Helen Gurholt - VP, IR and Financial Planning & Analysis Kevin Wheeler - Chairman & CEO Stephen Shafer - President and Chief Operating Officer Chuck Lauber - CFO Conference Call Participants Mike Halloran - Robert W. Baird & Co. Matt Summerville - D.A.

Water heater manufacturer A.O. Smith (AOS -3.77%)reported earnings for the fourth quarter of 2024 on Thursday, Jan. 30, that fell short of analyst consensus estimates.

AOS' Q4 sales decline 8% due to lower water heater volumes and decreased sales in China.

Although the revenue and EPS for A.O. Smith (AOS) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

A.O. Smith (AOS) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.97 per share a year ago.

2024 Highlights (Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $3.8 billion, a decrease of 1% primarily driven by lower sales in China Net earnings of $533.6 million and diluted earnings per share (EPS) of $3.63, a 2% decrease, primarily due to lower sales as well as a $0.10 reduction to EPS for restructuring and impairment expenses to right size the businesses in China and North America water treatment Adjusted earnings of $548.0 million resulted in adjusted EPS of $3.73, a decrease of 2% Returned $496 million of capital to shareholders through dividend and share repurchases Pureit acquisition, which closed in the fourth quarter, had a minimal impact on 2024 results MILWAUKEE , Jan. 30, 2025 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE: AOS) today announced its full year and fourth quarter 2024 results.