Welcome to our dedicated page for A O Smith news (Ticker: AOS), a resource for investors and traders seeking the latest updates and insights on A O Smith stock.
A. O. Smith Corporation (NYSE: AOS) is a global water technology manufacturer headquartered in Milwaukee, Wisconsin, known for residential and commercial water heating equipment, boilers and water treatment products. The AOS news feed on Stock Titan aggregates company-issued announcements and regulatory disclosures so readers can follow how this manufacturing business communicates its performance and strategy.
News about A. O. Smith frequently covers quarterly earnings results, including segment performance in North America and Rest of World, changes in operating margins, cash flow trends and updated outlook ranges for net sales and diluted earnings per share. These releases often explain the drivers behind results, such as water heater and boiler demand in North America, economic conditions in China and growth in markets like India.
Investors can also track capital allocation and shareholder return actions through the news stream, including announcements of dividend rate increases and share repurchase activity. The company has highlighted that it has increased its dividend each year for over 30 years, and news items describe board decisions on quarterly dividend rates.
Another key theme in AOS news is strategic activity, such as the signing and completion of the acquisition of LVC Holdco LLC (Leonard Valve). Related releases outline how this transaction expands A. O. Smith’s presence in the water management market, enhances digital capabilities and broadens its integrated product offering with commercial and institutional customers. Leadership and governance updates, including executive appointments in legal, compliance and digital roles, are also disclosed through news items.
For investors and observers interested in water heating, boilers, water treatment and water management technologies, the AOS news page provides a centralized view of the company’s earnings announcements, strategic moves, financing decisions and leadership changes. Regular visits can help readers understand how A. O. Smith frames its business performance and long-term priorities.
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A. O. Smith Corporation reported its first quarter 2023 results, highlighting sales of
A. O. Smith Corporation (NYSE: AOS) has announced a quarterly cash dividend of $.30 per share on its Common and Class A Common Stock. This dividend will be distributed on May 15, 2023, to shareholders recorded by April 28, 2023. A. O. Smith, based in Milwaukee, is a global leader in manufacturing innovative water heating solutions and treatment products, serving both residential and commercial markets.
A. O. Smith Corporation (NYSE: AOS) will announce its first quarter 2023 financial results before the market opens on April 27, 2023. An investor conference call is scheduled for 10:00 a.m. EDT on the same day. The live audio of the call will be available on the company's website, and a replay will be accessible afterward. A. O. Smith is a global leader in manufacturing residential and commercial water heating equipment and treatment products.
A. O. Smith Corporation (NYSE: AOS) reported record sales of $3.8 billion for 2022, a 6% YoY increase, despite challenges in the water heater market. Net earnings dropped 52% to $235.7 million, leading to a 50% decline in diluted EPS to $1.51. Adjusted earnings rose 6% to $488.7 million, with adjusted EPS reaching $3.14. Looking ahead, sales for 2023 are forecasted to be flat compared to 2022, with EPS guidance between $3.15 and $3.45. The company emphasizes improved profitability and strategic capital allocation for growth amid ongoing supply chain and market challenges.
A. O. Smith Corporation (NYSE: AOS) has declared a regular quarterly cash dividend of $.30 per share on its Common Stock and Class A Common Stock. This dividend is scheduled to be paid on February 15, 2023, to shareholders on record as of January 31, 2023. The company, based in Milwaukee, Wisconsin, specializes in innovative technology and energy-efficient solutions in the manufacturing of water heating and treatment products, positioning itself as a global leader in the industry.
A. O. Smith Corporation (NYSE: AOS) will release its fourth quarter 2022 financial results on January 31, 2023, before market opening. Following this, an investor conference call is scheduled for 10:00 a.m. (EDT). Investors can access the call live on the company’s website, with a replay available afterward. A. O. Smith, based in Milwaukee, Wisconsin, is a global leader in innovative, energy-efficient water heating and treatment solutions.
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A. O. Smith Corporation (AOS) reported Q3 2022 net sales of $874.2 million, down 4% YoY, with net earnings declining by 17% to $109.8 million. Diluted EPS was $0.71, a decrease of 13%. Adjusted EPS was $0.69, reflecting a 15% drop. The company reaffirmed its revised 2022 EPS guidance of $1.29 to $1.39 and adjusted EPS guidance of $3.05 to $3.15. North America sales were flat at $652.9 million, while international sales decreased by 13%. Upcoming pension plan settlements are expected to impact financials significantly in Q4.
Global water technology company A. O. Smith Corporation (NYSE: AOS) reported preliminary Q3 2022 sales of $874 million, a 4% decline YoY, primarily due to inventory de-stocking in North America residential water heaters. Preliminary EPS decreased by 13% to $0.71, with adjusted EPS at $0.69, down 15%. The full-year residential water heater industry guidance was lowered to a decrease of 12-13%. Revised EPS guidance ranges between $1.29 and $1.39, while adjusted EPS is now expected between $3.05 and $3.15. The dividend increased by 7%, continuing 25 years of annual growth.
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