A. O. Smith Corporation (AOS) Q3 2024 Earnings Call Transcript
A. O. Smith Corporation. (NYSE:AOS ) Q3 2024 Earnings Conference Call October 22, 2024 10:00 AM ET Company Participants Helen Gurholt - VP, IR and Financial Planning & Analysis Kevin Wheeler - Chairman & CEO Chuck Lauber - CFO Conference Call Participants Susan Maklari - Goldman Sachs Jeff Hammond - KeyBank Capital Markets, Inc. Matt Summerville - D.A.
A. O. Smith Q3 Earnings Match Estimates, Sales Decline Y/Y
AOS' Q3 revenues decline 4% year over year due to lower sales in China and decreased volumes of water heaters in North America.
A.O. Smith (AOS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for A.O. Smith (AOS) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
A.O. Smith (AOS) Q3 Earnings Meet Estimates
A.O. Smith (AOS) came out with quarterly earnings of $0.82 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.90 per share a year ago.
A. O. Smith Gears Up for Q3 Earnings: What Lies Ahead for the Stock?
Decline in orders for residential and commercial water heater products, rising costs and forex woes are likely to hurt AOS' Q3 results.
Unlocking Q3 Potential of A.O. Smith (AOS): Exploring Wall Street Estimates for Key Metrics
Evaluate the expected performance of A.O. Smith (AOS) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Eyeing Dividend Growers With Unusual Earnings Dates
The third-quarter earnings season is off and running as stocks hold near highs. Shareholder returns via dividends and buybacks are in focus. We highlight three upcoming reporters with unusual earnings dates compared to historical trends.
New Strong Sell Stocks for October 16th
AOS, DE and MTW have been added to the Zacks Rank #24 (Strong Sell) List on October 16, 2024.
A.O. Smith Stock Sinks on Guidance Cut. CEO Points to ‘Softness in China.
The water technology company slashes its earnings outlook for the fiscal year and offers preliminary third-quarter results.
Is A. O. Smith A Good Buy Ahead Of Its Q3 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.
A. O. Smith Rewards Shareholders With 6% Dividend Increase
AOS' measures to consistently reward shareholders through dividends and share buybacks hold promise.
Here's Why it is Appropriate to Retain A. O. Smith Stock Now
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.
