AOS Stock Recent News
AOS LATEST HEADLINES
U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Friday.
The water technology company slashes its earnings outlook for the fiscal year and offers preliminary third-quarter results.
A. O. Smith has underperformed other industrial stocks this year, generating only returns of 8%. A. O. Smith's Q3-24 results are expected to be weak, with revenue growth slowing to 2% from the 7% levels seen in Q2. Although the situation isn't alarming, we do have some concerns about the company's dwindling cash position and highlight why its net cash stance could shift to a net debt stance.
AOS' measures to consistently reward shareholders through dividends and share buybacks hold promise.
MILWAUKEE , Oct. 7, 2024 /PRNewswire/ -- On Monday, October 7, 2024, the board of directors of A. O. Smith Corporation (NYSE: AOS) approved a 6% increase in the company's quarterly cash dividend rate to $0.34 per share.
MILWAUKEE , Oct. 2, 2024 /PRNewswire/ -- A. O. Smith Corporation (NYSE: AOS) will release its third quarter 2024 financial results before the market opens on Tuesday, October 22, and has scheduled an investor conference call to follow at 10:00 a.m.
A. O. Smith Corporation AOS is poised to gain from improving supply chains, which are driving shipments in North America and internationally. The company's handsome rewards to shareholders add to its appeal.
A.O. Smith (AOS) reported earnings 30 days ago. What's next for the stock?
A. O. Smith (AOS) gains from strength in its businesses, acquisitions and a solid liquidity position. However, a tough real estate market in China remains a concern.
A. O. Smith has been around for 150 years and has an excellent track record when it comes to sustainable dividend growth. The company recently published its quarterly earnings, which were poorly received by investors. Higher steel prices and headwinds regarding growth in China are causing mild stagnation in growth and profitability.