A O Smith Corp expected to post earnings of 98 cents a share - Earnings Preview

A O Smith

23/04/2024 14:13

* A O Smith Corp  AOS.N   AOS  is expected to show a rise in
quarterly revenue when it reports  results on April 25 for the
period ending March 31 2024
    * The Milwaukee Wisconsin-based  company is expected to
report a
3.1% increase in revenue to $995.973 million from $966.4 million
a year ago, according to the mean estimate from 13 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for A O Smith Corp is for
earnings
of 98 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 10
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months. ​
    * Wall Street's median 12-month price target for A O Smith
Corp is
$90.00​, above​ its last closing price of $86.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.97        0.96       0.97      Beat    1.4
 Sep. 30 2023  0.82        0.80       0.90      Beat    13.1
 Jun. 30 2023  0.91        0.91       1.01      Beat    11.4​
 Mar. 31 2023  0.79        0.78       0.94      Beat    21
 ​​Dec.        0.77        0.79       0.86      Beat    9
 31 2022                                                
 Sep. 30 2022  0.69        0.69       0.69      Met     -0.3​
 Jun. 30 2022  0.81        0.81       0.82      Beat    1.7
 Mar. 31 2022  0.76        0.75       0.77      Beat    3.1
 This summary was machine generated April 23 at 13:13 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)