A O Smith Q2 2024 Earnings Report
Key Takeaways
A. O. Smith reported record sales of $1 billion, a 7% increase YoY, driven by higher water heater volumes. Diluted earnings per share (EPS) were $1.06, a 2% YoY increase. The company reaffirmed its 2024 sales outlook of an increase of 3% to 5% and narrowed EPS guidance to a range of between $3.95 and $4.10.
Record sales of $1 billion, an increase of 7%, driven by higher water heater volumes.
Diluted earnings per share (EPS) of $1.06, a YoY increase of 2% and an increase of 5% compared to prior year adjusted EPS.
Reaffirm 2024 sales outlook of an increase of 3% to 5%.
Narrow EPS guidance to a range of between $3.95 and $4.10.
A O Smith
A O Smith
A O Smith Revenue by Segment
Forward Guidance
A. O. Smith reaffirmed its 2024 sales projection of an increase between 3% and 5% year-over-year and narrowed its full-year EPS guidance of a range of between $3.95 and $4.10.
Revenue & Expenses
Visualization of income flow from segment revenue to net income