A. O. Smith Corporation (AOS) is expected to announce impressive earnings in the forthcoming years. Stephen Shafer is appointed as the new
President and COO. Dimensional Fund Advisors LP expanded its stake in the firm by purchasing an additional 15,698 shares. Despite the robust water heater business, the company currently lacks a margin of safety.
Dividend Aristocrats have set their sight on A.OS, while BNP Paribas improved its position in AOS.
Underlying earnings have grown in the red over the last year. The company reported a strong Q1 performance along with raised shareholder value via dividends. With the acquisition of Atlantic Filter, AOS widened its reach. Furthermore, AOS introduced 2024 guidance following its record 2023 sales and earnings. The company experienced a YoY increase of
27% in third quarter 2023 EPS ($0.90). 2024 holds great optimism with insiders showing some hesitancy selling their shares. The company also beat Q3 analyst estimates and raised full-year forecasts. AOS has continually outperformed other
industrial product stocks considering its stock performance. Other highlights include the retirement of SVP Mark Petrarca and an expected growth in earnings as per the trends.
A O Smith Corporation AOS News Analytics from Mon, 08 Aug 2016 07:00:00 GMT to Wed, 22 May 2024 18:47:48 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -2
