A.O. Smith: Q1 Earnings Insights

A.O. Smith: Q1 Earnings Insights

 

A.O. Smith AOS reported its Q1 earnings results on Thursday, April 28, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

A.O. Smith beat estimated earnings by 2.67%, reporting an EPS of $0.77 versus an estimate of $0.75.

Revenue was up $208.70 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 0.09% drop in the share price the next day.

Here's a look at A.O. Smith's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.77 0.68 0.64 0.57
EPS Actual 0.87 0.79 0.73 0.60
Revenue Estimate 962.35M 852.25M 811.54M 768.34M
Revenue Actual 995.50M 914.60M 859.80M 769.00M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

A.O. Smith management provided guidance for FY 2022, expecting earnings between $3.35 and $3.55 per share.

To track all earnings releases for A.O. Smith visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews