AOS Stock Recent News
AOS LATEST HEADLINES
A.O. Smith (AOS) came out with quarterly earnings of $1.06 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $1.01 per share a year ago.
Second Quarter 2024 Highlights (Comparisons are year-over-year ("YoY"), unless otherwise noted) Record sales of $1 billion, an increase of 7%, driven by higher water heater volumes Diluted earnings per share (EPS) of $1.06, a YoY increase of 2% and an increase of 5% compared to prior year adjusted EPS Reaffirm 2024 sales outlook of an increase of 3% to 5% Narrow EPS guidance to a range of between $3.95 and $4.10 Recently announced Pureit acquisition expected to close by the end of 2024 MILWAUKEE , July 23, 2024 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE: AOS) today announced its second quarter 2024 results.
Improving water heater volumes in North America, enhanced supply chains and higher shipments are likely to have aided A. O. Smith's (AOS) second-quarter results.
A.O. Smith (AOS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
A. O. Smith's (AOS) acquisition of Pureit is set to strengthen its product offerings and boost its position in the water treatment industry.
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Here is how A.O. Smith (AOS) and Donaldson (DCI) have performed compared to their sector so far this year.
AO Smith has acquired an India-based home water purification business, Pureit, from Unilever PLC (LSE:ULVR) for $120 million cash. The NYSE-listed water technology company said it expects to complete the deal by the end of 2024.
MILWAUKEE , July 8, 2024 /PRNewswire/ -- Directors of A. O. Smith Corporation (NYSE: AOS) today declared a regular quarterly cash dividend of $.32 per share on the company's Common Stock and Class A Common Stock.
A. O. Smith (AOS) stands to benefit from strength across its businesses, acquired assets and solid liquidity position.