Second Quarter 2024 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted)Record sales of $1 billion, an increase of 7%, driven by higher water heater volumesDiluted earnings per share (EPS) of $1.06, a YoY increase of 2% and an increase of 5% compared to prior year adjusted EPS Reaffirm 2024 sales outlook of an increase of 3% to 5%Narrow EPS guidance to a range of between $3.95 and $4.10Recently announced Pureit acquisition expected to close by the end of 2024MILWAUKEE, July 23, 2024 /P ...

The second-quarter earnings season for the Industrial Products sector is set to kick off this week. Per the Earnings Trends report dated Jul 17, the S&P 500 companies in the Industrial Sector are likely to witness a 7.4% decline in earnings for the second quarter of 2024 on the back of 2.2% lower revenues. The sector is among seven of the 16 Zacks Sectors that are anticipated to witness lower earnings than the year-ago quarter.With major industrial stocks like Dover Corporation (DOV) , Avery Dennison Corpor ...

A. O. Smith Corporation (AOS) is likely to witness top and bottom-line growth when it reports second-quarter 2024 results on Jul 23, before the opening bell. The Zacks Consensus Estimate for revenues is pegged at $990 million, which indicates growth of 3% from the year-ago quarter’s reported figure.The consensus mark for earnings is pinned at $1.06 per share, which has remained steady in the past 60 days. The estimate indicates a jump of 5% from the figure reported in the year-ago quarter. The company’s bot ...

文章核心观点 - 工业行业中有3只股票的相对强弱指数(RSI)值超过70,表明这些股票已经处于超买状态 [2][3] - 这些超买股票包括:Gates Industrial Corporation PLC、Fluor Corp和A O Smith Corp [4][5][6] 行业概况 - Gates Industrial Corporation PLC的股价在过去5天内上涨约12%,创52周新高为17.98美元,RSI值为74.86 [4] - Fluor Corp的股价在过去5天内上涨约14%,创52周新高为50.63美元,RSI值为80.06 [5] - A O Smith Corp宣布收购Unilever的Pureit业务,该公司股价在过去5天内上涨约13%,创52周新高为92.14美元,RSI值为76.88 [6] 公司动态 - Gates Industrial Corporation PLC将于7月31日发布第二季度财报 [4] - Fluor Corp被Truist Securities分析师维持买入评级,目标价从47美元上调至54美元 [5] - A O Smith Corp收购Pureit业务,以增强其全球优质水处理产品的领导地位,并扩大在南亚的市场渗透 [6]

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. A.O. Smith (AOS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.A.O. Smith is one of 218 individual stocks in the Industrial Products sector. Collectively, these companies sit at #5 in the Zacks S ...

MILWAUKEE, July 15, 2024 /PRNewswire/ -- Global water technology company A. O. Smith Corporation (the "Company") (NYSE: AOS) announced today that it has signed an agreement to acquire Pureit from Unilever. Pureit offers a broad range of residential water purification solutions and has annual sales of approximately USD $60 million, primarily in India. The purchase price will be approximately USD $120 million in cash, subject to customary adjustments. The Company expects to complete the acquisition of Pureit ...

MILWAUKEE, July 8, 2024 /PRNewswire/ -- Directors of A. O. Smith Corporation (NYSE: AOS) today declared a regular quarterly cash dividend of $.32 per share on the company's Common Stock and Class A Common Stock.The dividend is payable on Thursday, August 15 to shareholders of record Wednesday, July 31, 2024.A. O. Smith Announces Quarterly DividendPost thisAbout A. O. SmithCelebrating its 150th year of business, A. O. Smith Corporation, headquartered in Milwaukee, Wis., is a global leader applying innovative ...

A. O. Smith Corporation (AOS) is poised to benefit from strength across its businesses, acquired assets, healthy liquidity position and focus on operational excellence. The company remains committed to investing in growth opportunities and strengthening its long-term market position.This Zacks Rank #2 (Buy) company has a market capitalization of $11.8 billion. Over the past year, the stock has risen 11.2%. However, both the stock and the industry have declined 1.3% in the past month.Image Source: Zacks Inve ...

MILWAUKEE, July 2, 2024 /PRNewswire/ -- A. O. Smith Corporation (NYSE: AOS) will release its second quarter 2024 financial results before the market opens on Tuesday, July 23, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Time). The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Second ...

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