First Quarter 2024 Highlights, unless otherwise noted)
Sales of $979 million, an increase of 1%Earnings per share of $1.00, a YoY increase of 19% and an increase of 6% compared to prior year.
2023 Highlights, unless otherwise noted)
Record sales of $3.9 billion, an increase of 3% primarily driven by higher water heater volumesRecord net earnings of $556.6 million and record earnings per.
AOS reported 6% Y/Y revenue growth in Q4, beating consensus. North American sales up 7%, rest of world up 4%. Adjusted EPS of $0.97 also beat consensus.
Milwaukee-based water technology company A.O. Smith on Tuesday said it had record sales and earnings in 2023, the third year in a row that it has set new high watermarks for those metrics.
AGF Management Ltd. reduced its holdings in A. O. Smith Co. (NYSE:AOS – Free Report) by 4.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,277 shares of the industrial products company’s stock after selling 1,328 shares during the quarter. AGF […]