Latest news with #A.O.Smith
Yahoo
21-07-2025
- Business
- Yahoo
A. O. Smith Set to Report Q2 Earnings: Is a Beat in Store?
A. O. Smith Corporation AOS is scheduled to release second-quarter 2025 results on July 24, before market Zacks Consensus Estimate for A. O. Smith's second-quarter earnings has increased 1% in the past 60 days. The company beat estimates once, missed twice and matched once in the trailing four quarters. The average surprise was at the break-even Zacks Consensus Estimate for the company's revenues is pegged at $987.3 million, indicating a decline of 3.6% from the prior-year quarter's figure. The consensus estimate for adjusted earnings is pinned at 97 cents per share, indicating an 8.4% decline from the year-ago quarter's number. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Let's see how things have shaped up for A. O. Smith this earnings season. Factors to Note Ahead of AOS' Results A. O. Smith's North-American segment is expected to have benefited from strong demand for commercial boilers and water treatment products, supported by its robust direct and retail selling channels in the second quarter. However, softness in the residential and commercial water heater industry is expected to weigh on its results. We expect revenues from the company's North-American segment to decline 3.4% year over year to $764 million in the second ongoing challenges in the Chinese real estate market have remained a concern for A. O. Smith. Lower volumes of residential water treatment and gas water heating products in the region are likely to have been a spoilsport for the Rest of World segment's top line. Our estimate for the segment's revenues is pegged at $234 million, suggesting a decline of 4.5% from the year-ago time, A. O. Smith's performance has been negatively impacted by high costs and expenses. Although supply-chain constraints moderated, labor shortage and an increase in material costs are likely to have played acquisitions made by the company are likely to have impacted its top line positively. For instance, in November 2024, the company acquired the Pureit business from Unilever. The inclusion of Pureit's expertise in water treatment solutions, coupled with its strong brand recognition, enabled AOS to expand its customer offerings and boost its position in the water treatment industry in India. Also, in March 2024, it acquired privately held water treatment company Impact Water Products, which expanded its water treatment footprint in North America. The acquired company is also likely to have boosted the performance of the North America segment. A. O. Smith Corporation Price and EPS Surprise A. O. Smith Corporation price-eps-surprise | A. O. Smith Corporation Quote Earnings Whispers Our proven model suggests an earnings beat for AOS this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as elaborated ESP: A. O. Smith has an Earnings ESP of +4.48% as the Most Accurate Estimate is pegged at $1.01 per share, which is higher than the Zacks Consensus Estimate of 97 cents. You can uncover the best stocks before they're reported with our Earnings ESP Rank: A. O. Smith currently carries a Zacks Rank of 3. Other Stocks With the Favorable Combination Here are a few other companies, which according to our model, have the right combination to beat on earnings this reporting cycle:Emerson Electric Co. EMR has an Earnings ESP of +0.46% and a Zacks Rank of 3 at present. You can see the complete list of today's Zacks #1 Rank stocks company is scheduled to release third-quarter fiscal 2025 results on Aug. 6. EMR's earnings surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 3.4%.Eaton Corporation plc ETN has an Earnings ESP of +0.39% and a Zacks Rank of 3 at present. The company is slated to release second-quarter results on Aug. earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 1.9%.Atmus Filtration Technologies Inc. ATMU has an Earnings ESP of +9.64% and a Zacks Rank of 2 at present. The company is slated to release its second-quarter 2025 results on Aug. delivered an average earnings surprise of 14% in the last four quarters, while beating estimates in each of the quarters. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Emerson Electric Co. (EMR) : Free Stock Analysis Report Eaton Corporation, PLC (ETN) : Free Stock Analysis Report A. O. Smith Corporation (AOS) : Free Stock Analysis Report Atmus Filtration Technologies Inc. (ATMU) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time Business News
18-06-2025
- General
- Time Business News
Maximise Geyser Savings This Summer: Top Energy Saving Hacks
Summers bring about a gradual rise in temperature, during which most of us scour for the cold AC air, leaving the need for hot water behind. Such a state of stagnancy can lead to your water geyser potentially over-consuming energy if not managed adequately. Optimising your water heaters with the changing seasons can save you drastically in terms of bills and the machine itself in the long run. Let's delve into a few energy saving tips that can lead to smarter choices this summer. Energy Saving Hacks for Water Geysers in Summer Here are a range of hacks that will help you safeguard your water geyser to ensure efficiency and bountiful savings: 1. Reset your Temperature Settings The winter's ever-present demand for hot water does not translate into the summers as well. Then, why should your thermostat temperature be the same? With the change in the seasons, one should alter the water heater's thermostat to an optimal temperature as per the season to save on the energy bill. One can always discuss this with a professional for assistance and make the decision catered to their household needs. 2. Insulate Your Water Heater and Pipes If you live in a climate which is extremely cold in the winter and extremely hot in the summer, insulation comes handy. However, insulating your appliances is not useful for just the winter. Things like tank and pipe insulation prove to be extremely efficient in preventing heat loss and ensuring the water retains its temperature for long periods. This essentially reduces the energy required for reheating the water after one use (often viewed in storage tank geysers). Hence, it is often recommended that one must always insulate their heating devices, such as geysers and water purifiers, for sustained use. 3. Time your Usage Who doesn't love long, luxurious showers? However, this not-so-little me-time can prove to be an unduly energy guzzler. One way to regulate this is by integrating a timer with your storage tank water geyser. Schedule your heater to operate during the peak usage periods to lower your hot water consumption, leading to a reduced energy bill as well. In addition to this, one can always opt for hot water purifiers, install a low shower head (to save water) and diligently turn off the water heater when not in use. 4. Flush the Heater Regularly to Remove Sediment The first rule of appliance efficiency is regular maintenance. Any accumulated sediment or impurities settled in your geyser tank can lead to an insulating barrier between the heating element and the water. This makes it extremely difficult for the water to heat up, gradually increasing the energy spent on it. Implementing a maintenance routine to flush your water geyser every 6 to 12 months can help you make the most of the appliance and cut down on machine malfunctions. 5. Consider Investing in a Tankless Water Heater Families can benefit from opting for tankless water geysers like the MiniBot 3 kW from A.O. Smith to save a tonne on their bills. These compact appliances are perfect for smaller families that require instant hot water without fuss. It is designed proficiently with improved insulation and durable heating elements to beautify the house without the need to lug a huge tank to cater to one's hot water needs. Apart from the above hacks, some other ways one can be mindful of their usage are by exploring renewable energy solutions, opting for energy-efficient appliances, using water economically; and lastly, scheduling regular maintenance checks. By implementing these energy-saving tips, you can enjoy a comfortable summer without the stress of surging energy bills. Summer savings, here we come! TIME BUSINESS NEWS
Yahoo
11-06-2025
- Business
- Yahoo
A. O. Smith Ranked Among America's Climate Leaders
Recognized by USA Today and Statista for carbon footprint reduction MILWAUKEE, June 11, 2025 /PRNewswire/ -- A. O. Smith Corporation (NYSE: AOS), a leader in water heating and water treatment, has made the USA Today America's Climate Leaders list for the second time. In partnership with market research firm Statista, the listing highlights the top 500 U.S. companies that are actively working to reduce carbon intensity. Emissions data from more than 900 companies was evaluated. To make the list, companies must have reduced their carbon intensity by 3% year-over-year. From 2021 to 2023, A. O. Smith reduced its Scope 1 and Scope 2 greenhouse gas emissions intensity by 12%. Top qualifications used in the ranking include: Emission intensity: The amount of Scope 1 and Scope 2 greenhouse gas the company produced relative to its revenue. Annualized reductions in emission intensity: This was calculated between 2021 and 2023. Any companies that showed low reductions were not considered. Carbon disclosure rating: A measure of a company's environmental sustainability. These rankings are administered by the Carbon Disclosure Project, a nonprofit that runs a global disclosure system for companies' environmental impacts. "We are proud of the work A. O. Smith is doing to reduce emissions, and this recognition culminates those efforts," said Noelle Brigham, ESG director. "We are constantly looking toward the future and innovating for the needs of tomorrow. Sustainability and being a good corporate citizen are ingrained in who we are as an organization through our corporate values." Over the last two years, A. O. Smith has made significant strides in its commitment to sustainability, including: Announcing its first public enterprise-wide water goal with a focus on administrative controls, process optimization and water recycling technologies to advance our commitment to water stewardship Continuously innovating our water heating and water treatment technologies to be an industry leader in energy and water efficiency to consistently exceed regulatory standards Helping policymakers make positive change by ensuring public officials have empirical information as part of their decision-making processes Fostering a culture of innovation through employee development and recognition See the full list of 2025 America's Climate Leaders, and learn more about A. O. Smith's sustainability efforts. About A. O. Smith A. O. Smith Corporation, headquartered in Milwaukee, Wisconsin, is a global leader applying innovative technology and energy-efficient solutions to products manufactured and marketed worldwide. Listed on the New York Stock Exchange (NYSE: AOS), the company is one of the world's leading manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment products. For more information, visit View original content to download multimedia: SOURCE A. O. Smith Corporation Sign in to access your portfolio
Yahoo
28-05-2025
- Business
- Yahoo
S&P 500 Gains and Losses Today: FICO Shares Regain Ground After Recent Slump
The S&P 500 slipped 0.6% on Wednesday, May 28, ahead of semiconductor giant Nvidia's highly anticipated quarterly earnings release. Water solutions provider A.O. Smith's shares dropped after HVAC specialist Lennox announced a joint venture with Aris to enter the North American water heater market. Fair Isaac shares regained some of the heavy losses posted over the past week amid critiques from a top federal housing U.S. equities indexes ticked lower on Wednesday as investors awaited the afternoon's earnings results from artificial intelligence (AI) chip behemoth Nvidia (NVDA). The S&P 500 ended the day 0.6% lower. The Dow was also down 0.6%, while the Nasdaq fell 0.5%. After the bell, Nvidia reported sales topped analysts' expectations in the fiscal first quarter, but the company's earnings missed amid new export curbs. After posting the sharpest drop in the S&P 500 during the previous session, shares of credit score provider Fair Isaac (FICO) changed course on Wednesday, jumping 7.7% to log the top daily performance in the benchmark index. The stock has been under pressure over the past week following criticism of FICO's pricing structure by a top federal housing official, who singled out the cost of credit evaluations for potential borrowers as a major contributor to elevated mortgage origination expenses. Warner Bros. Discovery (WBD) shares gained 4.9% after reports that David Leavy would exit his role as the chief operating officer of the entertainment giant's cable news network CNN and return to the parent company. Before helping guide CNN through a transitional period over the past two years, Leavy was employed as WBD's chief corporate affairs officer. Shares of medical device firm Hologic (HOLX) added 2.5% on Wednesday, extending gains posted the prior day following reports that the company had rejected a buyout offer from two private equity firms. Although the take-private deal for the diagnostics equipment maker did not materialize, reports suggested that negotiations could continue. Shares of water heater and treatment solutions specialist A.O. Smith (AOS) plunged 6.3%. The decline in the stock came after heating, ventilation, and air conditioning giant Lennox International (LII) said it will jump into the water heater market in North America via a joint venture with Aris Water Solutions (ARIS). Analysts at Jefferies expressed concerns about A.O. Smith's market position in the wake of Lennox's announcement. Deckers Outdoor (DECK) shares slipped 4.3% on Wednesday. The stock has seen heavy volatility in recent sessions, tumbling Friday after the parent company of the Ugg and Hoka footwear brands withheld its full-year forecast, citing tariff concerns. Then on Tuesday, it regained ground following the holiday weekend, bolstered by a strong consumer sentiment report and an extended timeline for tariffs on imports from Europe. Shares of electric utility AES Corp. (AES) dropped 3.67% after Argus Research downgraded the stock to "hold" from "buy." Analysts pointed to the power generator's recent earnings report, noting that adjusted earnings per share (EPS) fell sharply year-over-year and came in below consensus forecasts. Although AES could benefit over the long term from the shift to more environmentally friendly power generation, the stock has been under pressure as the renewable energy industry faces an uncertain policy outlook. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
AOS Q1 Earnings Call: Tariffs, CEO Transition, and Operational Adjustments Shape Outlook
Water heating and treatment solutions company A.O. Smith (NYSE:AOS) announced better-than-expected revenue in Q1 CY2025, but sales fell by 1.5% year on year to $963.9 million. The company's full-year revenue guidance of $3.85 billion at the midpoint came in 0.5% above analysts' estimates. Its non-GAAP profit of $0.95 per share was 3.8% above analysts' consensus estimates. Is now the time to buy AOS? Find out in our full research report (it's free). Revenue: $963.9 million vs analyst estimates of $953.7 million (1.5% year-on-year decline, 1.1% beat) Adjusted EPS: $0.95 vs analyst estimates of $0.91 (3.8% beat) Adjusted EBITDA: $203.5 million vs analyst estimates of $197.3 million (21.1% margin, 3.2% beat) The company reconfirmed its revenue guidance for the full year of $3.85 billion at the midpoint Management reiterated its full-year Adjusted EPS guidance of $3.75 at the midpoint Operating Margin: 19%, in line with the same quarter last year Free Cash Flow Margin: 1.8%, down from 8.6% in the same quarter last year Organic Revenue fell 2.5% year on year (1.8% in the same quarter last year) Market Capitalization: $10.01 billion A. O. Smith's first quarter results reflected a combination of challenging end markets and internal actions to adapt to external cost pressures. Management pointed to lower North American water heater volumes—driven by a tough comparison to last year's pre-buy activity—as a primary driver of the sales decline, while highlighting growth in commercial boiler sales and disciplined cost containment. CEO Kevin Wheeler noted that the team 'delivered a solid performance in the first quarter with volumes tracking our expectations,' despite ongoing headwinds in China and lingering uncertainty from tariffs. Looking ahead, the company's full-year guidance is shaped by the volatile tariff environment and the transition of leadership to new CEO Steve Shafer. Management emphasized that announced price increases are expected to offset tariff-related cost inflation, but these have not yet been factored into top-line projections due to ongoing policy uncertainty. Wheeler explained, 'We have taken action and are confident in how we're going to maintain EPS in our guidance on sales,' while Shafer added that cross-functional tariff response teams are working to mitigate cost impacts and accelerate supply chain adjustments. Management's remarks centered on adapting to external challenges through targeted operational changes and strategic focus. The transition in executive leadership and ongoing response to tariffs were major themes. CEO Transition Announced: Steve Shafer will assume the CEO role on July 1, with Kevin Wheeler remaining as Executive Chairman. Management stressed continuity in strategy and a smooth leadership change. Tariff Response Actions: The company has mobilized cross-functional teams to address supply chain risks and manage tariff-induced cost increases. Pricing actions averaging 6%-9% for water heaters have been announced, though not fully reflected in revenue guidance. North America Sales Dynamics: Water heater volumes declined due to last year's pre-buy activity, but commercial boiler sales rose 10%. The company maintained stable production to promote plant efficiency and avoid excess inventory. China Market and Restructuring: Sales in China fell 4% in local currency, with consumer confidence and real estate weakness cited as key factors. Management is completing a restructuring program to realize $15 million in annual savings and expects margin improvement even with lower volumes. Water Treatment Channel Shift: In North America, water treatment sales growth in e-commerce, dealer, and direct-to-consumer channels offset declines in retail, reflecting a strategic shift away from less profitable channels. The company projects margin expansion for this segment through cost management and prioritizing higher-return sales channels. Management's outlook for the rest of the year hinges on navigating tariff-related cost volatility, executing announced price increases, and sustaining operational discipline in both North America and China. Tariff Mitigation Measures: Cross-functional teams are tasked with responding to evolving tariffs, including supply chain adjustments, pricing, and cost containment. The company expects pricing actions to help offset increased costs, but says the impact will be clearer by the end of the second quarter. China Recovery Uncertainty: The business continues to face weak consumer confidence and a slow real estate market in China. Management believes that recent stimulus serves as a market stabilizer but does not expect a near-term catalyst for significant growth. Product and Channel Optimization: Continued focus on margin improvement through channel prioritization in water treatment, further ramp-up of tankless production in Mexico to reduce tariff exposure, and investments in R&D and regulatory readiness are expected to support performance over time. Jeff Hammond (Keybanc Capital Markets): Asked about possible demand destruction from price hikes and if margin gains are expected. Management said pricing is intended to offset costs, not boost margins, and recurring water heater replacement demand stabilizes the business. Mike Halloran (Baird): Inquired about supply chain rebalancing needs due to tariffs. Management outlined accelerated tankless production in Mexico, flexibility in sourcing, and ongoing evaluation of further network changes as policy evolves. Saree Boroditsky (Jefferies): Sought clarity on the timing and impact of announced price increases. Management confirmed pricing actions have been communicated but are not factored into revenue guidance due to tariff uncertainty. Scott Graham (Seaport Research Partners): Questioned assumptions for residential water heater replacements and China's outlook. Management cited stable replacement rates in North America and emphasized consumer confidence—not just housing recovery—as crucial for China. David MacGregor (Longbow Research): Asked about U.S. production capacity and regulatory changes for commercial gas products. Management stated it has adequate domestic capacity, is already highly vertically integrated, and is preparing for new efficiency standards as scheduled. In the coming quarters, the StockStory team will monitor (1) the pace and effectiveness of tariff-related pricing actions and supply chain shifts, (2) signs of stabilization or improvement in China's consumer environment and the impact of restructuring, and (3) progress in transitioning tankless water heater production to Mexico to further insulate against tariff risks. Execution on cost management and regulatory preparation will also be critical. A. O. Smith currently trades at a forward P/E ratio of 18.3×. Should you load up, cash out, or stay put? See for yourself in our free research report. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
