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.
AO Smith Corporation (AOS) maintains its position as a global leader in water technology solutions through continuous innovation and strategic market expansion. This dedicated news hub provides investors and industry professionals with comprehensive access to official company announcements, financial updates, and operational developments.
Track AO Smith's latest earnings reports, product launches, and strategic partnerships through verified press releases and curated news analysis. Our repository focuses on critical updates including water heater technology advancements, boiler system innovations, and international market expansions across North America, China, and emerging economies.
Key updates include quarterly financial performance, leadership changes, manufacturing facility developments, and sustainability initiatives within the water technology sector. Bookmark this page for real-time access to AO Smith's corporate communications and industry-specific analysis from trusted financial sources.
A. O. Smith Corporation (NYSE: AOS) announced an 8% increase in its quarterly cash dividend, raising it to $0.28 per share. This dividend will be payable on November 15 to shareholders of record as of October 29. The company highlighted a 17% compound annual growth rate in its dividend over the past five years and its history of annual increases for more than 25 years. The CEO emphasized the confidence in the stable demand for their products as a reason for the dividend hike.
A. O. Smith Corporation (NYSE: AOS) will release its third quarter 2021 financial results before the market opens on October 28. Following this, an investor conference call is scheduled at 10:00 a.m. EDT. The call will be accessible live on the company's website, with an audio replay available later. A. O. Smith is renowned for its energy-efficient water heating equipment and related products globally. For further details, visit www.aosmith.com.
A. O. Smith Corporation (NYSE: AOS) launched an analytical tool aimed at helping states, policymakers, and consumers achieve greenhouse gas (GHG) reduction goals, as detailed in its new white paper titled "Electrification of Water and Space Heating in Buildings". The tool quantifies energy use and environmental impacts, focusing on states like California and New York. A. O. Smith is committed to reducing GHG emissions by 10% by 2025 and emphasizes affordable and innovative water heating technologies to drive consumer adoption.
A. O. Smith Corporation (NYSE: AOS) announced record second quarter earnings, with earnings per share increasing due to a 30% rise in sales compared to Q2 2020. North America segment sales rose to $603.6 million, up 26%, and earnings increased by 34% to $141.7 million, boosted by higher volumes and price hikes to counteract rising material costs. The Rest of World segment saw a 39% sales increase, primarily from China. The company upgraded its full-year earnings guidance to $2.70-$2.76 per share despite ongoing supply chain challenges.
A. O. Smith Corporation (NYSE: AOS) has acquired Master Water Conditioning Corporation, a Pennsylvania-based water treatment company, in an undisclosed all-cash deal. This acquisition aims to enhance A. O. Smith's North American water treatment presence, joining previous acquisitions like Aquasana and Hague Quality Water. Master Water, established in 1967, specializes in residential and commercial water systems. D. Samuel Karge, A. O. Smith's president of North American Water Treatment, highlighted Master Water's strong market reputation and innovative products as key benefits of the acquisition.
A. O. Smith Corporation (NYSE: AOS) has declared a regular quarterly cash dividend of $.26 per share on its Common Stock and Class A Common Stock. This dividend will be payable on August 16, 2021, to shareholders on record as of July 30, 2021. A. O. Smith is a leader in innovative technology and energy-efficient solutions in residential and commercial water heating, water treatment, and air purification products.
A. O. Smith Corporation (NYSE: AOS) will announce its second quarter 2021 financial results on July 29, 2021, before market opening. Following this announcement, an investor conference call will take place at 10:00 a.m. EDT. The call can be accessed live through the company's website, where an audio replay will be available afterward. A. O. Smith is a global leader in energy-efficient water heating solutions, with products sold worldwide. For more information, visit www.aosmith.com.
A. O. Smith Corporation (NYSE: AOS) reported a strong Q1 2021, with sales reaching $769.0 million, a 21% increase from Q1 2020, and net earnings of $97.7 million, up 89%. The record EPS of $0.60 reflects an 88% rise year-over-year. Guidance for the year has been upgraded to a sales growth of 14-15% and EPS of $2.55 to $2.65, indicating a robust demand despite supply chain challenges. Cash flow from operations improved to $104.4 million, boosting liquidity as the company repurchased shares and renewed its credit facility.
A. O. Smith Corporation has announced a quarterly cash dividend of $.26 per share for its Common Stock and Class A Common Stock. The dividend, reflecting the company's commitment to returning value to shareholders, is payable on May 17 to shareholders on record as of April 30, 2021.
As a leader in the water heating and treatment industry, A. O. Smith continues to demonstrate its financial stability and growth potential in the market.
A. O. Smith Corporation (NYSE: AOS) will announce its first quarter 2021 financial results before market opens on April 29. An investor conference call is scheduled for 10:00 a.m. EDT on the same day to discuss the results. Investors can listen to the call live on the company's website, with an audio replay available afterward. A. O. Smith is a leading global manufacturer specializing in water heating equipment, water treatment, and air purification solutions.
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