A O Smith Corp reports results for the quarter ended in March - Earnings Summary

A O Smith

27/04/2023 15:08

* A O Smith Corp  AOS.N  reported quarterly adjusted
earnings of
94 cents​​ per share for the quarter ended in March. The mean
expectation of twelve analysts for the quarter was for earnings
of 78 cents per share.
    * Revenue fell 1.2% to $966.40 million from a year ago;
analysts
expected $922.26 million. 
    * A O Smith Corp's reported EPS for the quarter was 84
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.2%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * A O Smith Corp shares had fallen by 2.8% this quarter and
gained 17.4% so far this year.
    * The company reported quarterly net income of $126.9
million.
    * Wall Street's median 12-month price target for A O Smith
Corp is
$69.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 02:07 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.78           0.94           Beat
 Dec. 31 2022      0.79           0.86           Beat
 Sep. 30 2022      0.69           0.69           Met
 Jun. 30 2022      0.81           0.82           Beat