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.

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.

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).

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.

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