A O Smith Corp expected to post earnings of $1.06 a share - Earnings Preview

A O Smith

19/07/2024 13:35

* A O Smith Corp  AOS.N   AOS  is expected to show a rise in
quarterly revenue when it reports  results on July 23 for the
period ending June 30 2024
    * The Milwaukee Wisconsin-based  company is expected to
report a
3.8% increase in revenue to $997.753 million from $960.8 million
a year ago, according to the mean estimate from 12 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for A O Smith Corp is for
earnings
of $1.06 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 10
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for A O Smith
Corp is
$90.65​, above​ its last closing price of $89.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.98        0.98       1.00      Beat    2
 Dec. 31 2024  0.97        0.96       0.97      Beat    1.4
 Jan. 1 0001   0.82        0.80       0.90      Beat    13.1​
 Jun. 30 2023  0.91        0.91       1.01      Beat    11.4
 ​​Mar.        0.79        0.78       0.94      Beat    21
 31 2023                                                
 Dec. 31 2022  0.77        0.79       0.86      Beat    9​
 Jan. 1 0001   0.69        0.69       0.69      Met     -0.3
 Jun. 30 2022  0.81        0.81       0.82      Beat    1.7
 This summary was machine generated July 19 at 12:35 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)