A. O. Smith Corp., manufacturer of a broad range of residential and commercial water heaters and boilers, along with water and air purification systems, is now an $8 billion (by market cap) water technology leader. To date, AOS increased its dividend for 31 consecutive years, with a 10-year dividend growth rate of 15.8%. A. O. Smith moved its revenue from $2.5 billion in FY 2015 to $3.8 billion in FY 2024, a compound annual growth rate of 4.8%.
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.
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.
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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