A. O. Smith Full Year 2022 Earnings: EPS Beats Expectations

A. O. Smith (NYSE:AOS) Full Year 2022 Results

Key Financial Results

  • Revenue: US$3.75b (up 6.1% from FY 2021).

  • Net income: US$235.7m (down 52% from FY 2021).

  • Profit margin: 6.3% (down from 14% in FY 2021).

  • EPS: US$1.51 (down from US$3.05 in FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

A. O. Smith EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%.

Looking ahead, revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Building industry in the US.

Performance of the American Building industry.

The company's shares are up 19% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for A. O. Smith that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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