A O Smith Corp reports results for the quarter ended in September 30 - Earnings Summary
A O Smith Corp AOS.N reported quarterly adjusted earnings of 82 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 90 cents. The mean expectation of twelve analysts for the quarter was for earnings of 83 cents per share. Wall Street expected results to range from 82 cents to 93 cents per share.
Revenue fell 3.7% to $902.60 million from a year ago; analysts expected $904.73 million.
A O Smith Corp's reported EPS for the quarter was 82 cents.
The company reported quarterly net income of $120.1 million.
A O Smith Corp shares had fallen by 12.5% this quarter and lost 4.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 13.4% in the last three months.
In the last 30 days, ten analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell."
The average consensus recommendation for the electrical components & equipment peer group is also "hold"
Wall Street's median 12-month price target for A O Smith Corp is 87.50
This summary was machine generated from LSEG data October 22 at 01:40 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 0.82 | ||
Jun. 30 2024 | 1.06 | 1.06 | Met |
Mar. 31 2024 | 0.98 | 1.00 | Beat |
Dec. 31 2023 | 0.96 | 0.97 | Beat |
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