A O Smith Corp expected to post earnings of 98 cents a share - Earnings Preview

Reuters04-23

* A O Smith Corp is expected to show a rise in quarterly revenue when it reports results on April 25 for the period ending March 31 2024

* The Milwaukee Wisconsin-based company is expected to report a 3.1% increase in revenue to $995.973 million from $966.4 million a year ago, according to the mean estimate from 13 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for A O Smith Corp is for earnings of 98 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 10 "hold" and 2 "sell" or "strong sell."

* The mean earnings estimate of analysts had risen by about 0.4% in the last three months. ​

* Wall Street's median 12-month price target for A O Smith Corp is $90.00​, above​ its last closing price of $86.90. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 0.97 0.96 0.97 Beat 1.4

Sep. 30 2023 0.82 0.80 0.90 Beat 13.1

Jun. 30 2023 0.91 0.91 1.01 Beat 11.4​

Mar. 31 2023 0.79 0.78 0.94 Beat 21

​​Dec. 0.77 0.79 0.86 Beat 9

31 2022

Sep. 30 2022 0.69 0.69 0.69 Met -0.3​

Jun. 30 2022 0.81 0.81 0.82 Beat 1.7

Mar. 31 2022 0.76 0.75 0.77 Beat 3.1

This summary was machine generated April 23 at 13:13 GMT. 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)

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