A.O. Smith (AOS) Tops Q4 EPS by 18c, Offers FY Guidance
Get Alerts AOS Hot Sheet
Price: $82.82 --0%
Revenue Growth %: +1.3%
Financial Fact:
Interest expense: 2.1M
Today's EPS Names:
WF, CWBC, GLTO, More
Revenue Growth %: +1.3%
Financial Fact:
Interest expense: 2.1M
Today's EPS Names:
WF, CWBC, GLTO, More
Join SI Premium – FREE
A.O. Smith (NYSE: AOS) reported Q4 EPS of $0.74, $0.18 better than the analyst estimate of $0.56. Revenue for the quarter came in at $834.5 million versus the consensus estimate of $753.79 million.
GUIDANCE:
A.O. Smith sees FY2021 EPS of $2.40-$2.50, versus the consensus of $2.38.
- "We are encouraged by the resiliency of our North America water heater replacement demand and the progressively improving year-over-year growth in consumer demand for our products in China. We continue to expect tailwinds behind our North America water treatment product sales driven by drinking water health and safety concerns," noted Wheeler. "However, much uncertainty remains about the duration and long-term implications of the pandemic, particularly its impact on the U.S. commercial construction market.
- "Under the assumption that the conditions of our business environment and those of our suppliers and customers are similar throughout 2021 to what we have experienced in recent months and that they do not deteriorate as a result of further restrictions or shutdowns, today we announce our full-year 2021 earnings guidance in a range between $2.40 and $2.50 per share. The mid-point of the guidance range represents an increase of 13 percent compared with our 2020 adjusted earnings results.
For earnings history and earnings-related data on A.O. Smith (AOS) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Alphabet stock surges 11% to record high on Q1 earnings beat, first-ever dividend
- AptarGroup (ATR) Tops Q1 EPS by 11c
- Snap shares surge 26% on earnings beat, optimistic outlook
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!