AOS Stock Recent News

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.

With Q4 earnings anticipated to decline for the Industrial Products sector, here is how CAT, GWW, DOV, AVY and AOS might perform this week.

AOS' fourth-quarter 2024 results are likely to reflect the impact of softness in the water heater industry in the United States and China. Strength in the commercial boilers business is likely to have been a tailwind.

A.O. Smith (AOS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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MILWAUKEE , Jan. 16, 2025 /PRNewswire/ -- Directors of A. O. Smith Corporation (NYSE: AOS) today declared a regular quarterly cash dividend of $.34 per share on the company's Common Stock and Class A Common Stock.