A. O. Smith Non-GAAP EPS of $0.82 in-line, revenue of $903M misses by $54.75M
- A. O. Smith press release (NYSE:AOS): Q3 Non-GAAP EPS of $0.82 in-line.
- Revenue of $903M (-3.7% Y/Y) misses by $54.75M.
- Sales of $903 million, a decrease of 4%, driven by lower sales in China and lower volumes of water heaters in North America
- FY24 EPS consensus of $3.78
-
2024 Outlook
(in millions except per share amounts)
2023
2024 Outlook
Actual
Low End
High End
Net sales
$ 3,853
$ 3,800
$ 3,900
Diluted earnings per share
$ 3.69
$ 3.70
$ 3.85
Adjusted earnings per share
$ 3.811
$ 3.70
$ 3.85