US EditionCGI: Fiscal Q2 Earnings Snapshot
- A.O. Smith Corp. Reported fiscal second-quarter earnings and revenue that exceeded Wall Street expectations, announcing results on Tuesday from Milwaukee.
- The company benefited from stronger sales, as analysts initially forecasted earnings of 90 cents per share and revenue near $947.3 million from five or six surveyed analysts.
- A.O. Smith posted $963.9 million in revenue and earnings of 95 cents per share, while its stock declined 5% year-to-date and 22% over the past year.
- The full-year earnings guidance stands between $3.60 and $3.90 per share, with six analysts surveying estimates supporting positive investor outlook.
- These results suggest A.O. Smith maintains resilience despite stock declines, indicating potential value based on earnings and revenue gains against analyst expectations.
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60 Articles
60 Articles
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Left
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Center
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Right
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Coverage Details
Total News Sources60
Leaning Left13Leaning Right3Center23Last UpdatedBias Distribution59% Center
Bias Distribution
- 59% of the sources are Center
59% Center
L 33%
C 59%
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