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A. O. Smith Reports 2024 Results and Introduces 2025 Guidance

1. AOS reported a 1% YoY drop in sales primarily due to China. 2. Net earnings decreased 2% partly due to restructuring costs.

Earnings
-3.09%Current Return
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+0.59%S&P 500
$69.2201/30 06:56 AM EDTEvent Start
$67.0801/31 01:39 PM EDTLatest Updated
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FAQ

Why Bearish?

The drop in sales, especially in China, indicates potential growth challenges, similar to past revenue dips that pressured stocks.

How important is it?

The company's financial performance directly reflects operational health, impacting AOS's market perception and investor sentiment.

Why Short Term?

Immediate sales declines may lead to short-term stock price reactions, as seen in previous quarterly reports.

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AOSXRX
2024 Highlights (Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $3.8 billion, a decrease of 1% primarily driven by lower sales in China Net earnings of $533.6 million and diluted earnings per share (EPS) of $3.63, a 2% decrease, primarily due to lower sales as well as a $0.10 reduction to EPS for restructuring and impairment expenses to right size the businesses in China and North America water treatment Adjusted earnings of $548.0 million resulted in adjusted EPS of $3.73, a decrease of 2% Returned $496 million of capital to shareholders through dividend and share repurchases Pureit acquisition, which closed in the fourth quarter, had a minimal impact on 2024 results MILWAUKEE , Jan. 30, 2025 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE: AOS) today announced its full year and fourth quarter 2024 results.

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