A. O. Smith Corporation (AOS) has been benefiting from strong demand for water heater products and higher shipments in North America. The company expects sales from both the North America boiler and water treatment businesses to grow approximately 8-10% in 2024. Also, healthy demand for tankless water heaters and kitchen appliance products in China has been boosting performance of the Rest of the World business. For 2024, A. O. Smith expects overall sales to increase approximately 3-5% from the year-ago lev ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style S ...

Curt Selby Named Senior Vice President of Human Resources and Public Affairs MILWAUKEE, May 9, 2024 /PRNewswire/ -- A. O. Smith Corporation (NYSE: AOS), a leader in water heating and water treatment, announced today that Mark Petrarca, senior vice president of human resources and public affairs will retire effective Aug. 1. Curt Selby, who previously worked for A. O. Smith's Electrical Products Company, has been named Petrarca's successor. "Curt Selby is the right leader to drive our human resources strateg ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________ FORM 10-Q ______________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 1-475 ____ ...

Zacks Premium - Zacks Premium提供多种方式帮助投资者更聪明、更自信地投资[1] Zacks Style Scores - Zacks Style Scores是一套独特的指导方针，根据价值、增长和动量特征对股票进行评级，帮助投资者选择未来30天内市场表现最佳的证券[3] 投资策略 - 通过结合Zacks Rank和Style Scores，投资者可以选择具有最高成功可能性的股票[12] A.O. Smith (AOS) - A.O. Smith (AOS)是一家总部位于密尔沃基的公司，是世界领先的商用和住宅热水设备制造商，具有B级的VGM Score和B级的Growth Style Score[15][16]

财务数据和关键指标变化 - 公司2024年第一季度销售额为9.79亿美元,同比增长6% [11] - 公司2024年第一季度每股收益为1美元,同比增长6% [11] - 北美地区销售额增长2%,毛利率提升80个基点,主要受益于产品组合改善、商用销量增加和钢材成本下降 [12] - 其他地区销售额增长4%,主要受益于中国新产品销售增长 [13] 各条业务线数据和关键指标变化 - 北美地区水加热器销售增长2%,受益于商用销量增加和高效产品(包括热泵)销售占比提升 [14] - 北美地区锅炉销售持平,去年同期受到渠道库存去化的影响 [15][16] - 北美地区水处理销售增长4%,主要受益于收购带来的销售增长和价格上涨 [17] - 中国第三方销售增长6%,新推出的厨房产品销售良好,HVAC系统销售增长14% [18] 各个市场数据和关键指标变化 - 中国经济和消费信心持续疲软,房地产和住房市场仍面临挑战,公司2024年中国第三方销售增长指引下调至0-3% [36][37] - 印度销售额增长16%,水加热和水处理业务均表现强劲,尤其是电商和商用市场 [22] 公司战略和发展方向及行业竞争 - 公司启动了三个重要的产能扩张项目,包括在墨西哥新建无缝燃气热水器生产线、扩大高效商用燃气热水器产能,以及扩建田纳西州商用水加热和锅炉实验室 [42][43][44] - 公司推出了自主设计制造的燃气无缝热水器产品,将在中国工厂生产直至北美产能2025年建成 [30] - 公司将继续专注于满足客户需求,执行关键战略优先事项,巩固其作为全球供热和水处理领导者的地位 [45] 管理层对经营环境和未来前景的评论 - 公司维持2024年销售增长3-5%的指引,预计美国住宅行业销量将持平,商用热水器行业将小幅增长 [34][35] - 公司预计2024年北美毛利率约为25%,其他地区第三方毛利率约为10% [40] - 公司预计2024年资本支出将在105-115百万美元之间,主要用于产能扩张项目 [31] - 公司预计2024年将产生5.25-5.75亿美元的自由现金流 [31] 问答环节重要的提问和回答 问题1 **Mike Halloran 提问** 询问公司2024年各季度的利润率走势 [56][57] **Chuck Lauber 回答** 公司预计第一季度毛利率为25.9%,全年约为25%,主要受钢材价格上涨和新产品发布成本的影响 [57][58] 问题2 **Susan Maklari 提问** 询问公司第一季度水加热器需求情况及渠道库存状况 [64][65] **Kevin Wheeler 回答** 公司经销商库存基本正常,第一季度有一定程度的提前采购,但将在第二季度消化完毕,不会对全年销量产生重大影响 [64][65] 问题3 **Andrew Kaplowitz 提问** 询问公司其他地区业务的毛利率情况 [100][101][102][103] **Chuck Lauber 回答** 第一季度其他地区(主要为中国)毛利率较低,但公司全年预期维持在10%左右,主要通过灵活管控费用来应对销量下滑 [101][102][103]

A. O. Smith Corporation’s (AOS) first-quarter 2024 adjusted earnings of $1.00 per share surpassed the Zacks Consensus Estimate of 99 cents. The bottom line increased 6% on a year-over-year basis. Net sales of $978.8 million missed the consensus estimate of $995 million. However, the top line inched up 1% year over year, driven by strong demand for commercial water heaters in North America. Segmental Details A. O. Smith’s quarterly sales in North America (comprising the United States and Canada operations) i ...

A.O. Smith业绩表现 - A.O. Smith在第一季度表现稳健，但警告部分销售可能是未来季度提前拉动的[1] - 降低的钢铁成本有助于提高盈利能力，A.O. Smith表示在美国看到了强劲的商业需求[3] - 公司重申了本季度每股收益在3.90至4.15美元之间，销售额在39.7亿至40.5亿美元之间的先前指引[4] A.O. Smith市场优势 - A.O. Smith的全球覆盖范围使其受益于美国的能效驱动更换周期以及印度和中国等新兴市场的增长[5]

A.O. Smith第一季度财报 - A.O. Smith报告的第一季度营收为9.788亿美元，同比增长1.3%[1] - 每股收益为1.00美元，较去年同期的0.94美元有所增长[1] A.O. Smith季度表现 - A.O. Smith在最近报告的季度中表现受到华尔街分析师广泛关注的指标影响[4][5][6][7][8] - 主要关注地理营收和各部门运营收益[4][5][6][7][8] A.O. Smith股票表现 - A.O. Smith股票在过去一个月中回报率为-2.1%[9] - 目前具有Zacks排名2（买入），表明在短期内可能会跑赢更广泛的市场[9]

First Quarter 2024 Results April 25, 2024 1st Quarter 2024 Earnings Presentation | 1 Kevin J. Wheeler Charles T. Lauber Helen E. Gurholt Chairman and Executive Vice President Vice President - Investor Relations, Chief Executive Officer andChief Financial Officer Financial Planning & Analysis ...