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

A O Smith

27/10/2022 14:33

* A O Smith Corp  AOS.N  reported quarterly adjusted
earnings of
69 cents​​ per share for the quarter ended in September. The
mean expectation of thirteen analysts for the quarter was
for earnings of 69 cents per share.
    * Revenue fell 4.4% to $874.20 million from a year ago;
analysts
expected $874.06 million. 
    * A O Smith Corp's reported EPS for the quarter was 71
cents​.
    * The mean earnings estimate of analysts had fallen by
about 24.5%
in the last three months.​ 
    * In the last 30 days thirteen analysts negatively revised
earnings estimates 
    * A O Smith Corp shares had risen by 6.9% this quarter and
lost 39.5% so far this year.
    * The company reported quarterly net income of $109.8
million.
    * Wall Street's median 12-month price target for A O Smith
Corp is
$56.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
27 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.69           0.69           Met
 Jun. 30 2022      0.81           0.82           Beat
 Mar. 31 2022      0.75           0.77           Beat
 Dec. 31 2021      0.77           0.87           Beat