A.O Smith Corporation (NYSE:AOS) is set to announce third quarter earning results on Thursday 29th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, AOS to report 3Q20 income of $ 0.52 per share from revenue of $ 718.30 million.
For the full year, analysts anticipate top line of $ 2786.86 million, while looking forward to income of $ 1.87 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 3,127.00 million ~ $ 3,157.00 million, where as bottomline are predicted in a range of $ 1.72 ~ $ 1.86 per share
Click Here For More Historical Outlooks Of A.O Smith Corporation
Previous Quarter Performance
A.O Smith Corporation revealed income for the second quarter of $ 0.45 per share, from the revenue of $ 663.90 million. The quarterly earnings shrunk 26.23 percent compared with the same quarter last year. Wall street analysts are predicting, AOS to report 2Q20 income of $ 0.42 per share from revenue of $ 661.22 million. The bottom line results beat street analysts by $ 0.03 or 7.14 percent, at the same time, top line results outshined analysts by $ 2.68 million or 0.41 percent.
Stock Performance
Shares of A.O Smith Corporation traded low $ -1.57 or -2.96 percent on Wednesday, reaching $ 51.46 with volume of 1.22 million shares. A.O Smith Corporation has traded high as $ 53.36 and has cracked $ 51.44 on the downward trend
According to the previous trading day, closing price of $ 51.46, representing a 56.85 % increase from the 52 week low of $ 33.81 and a 8.65 % decrease over the 52 week high of $ 58.05.
The company has a market capital of $ 8.31 billion and is part of the Industrials sector and Diversified Industrials industry.
Conference Call
A.O Smith Corporation will be hosting a conference call at 10:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.aosmith.com
A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products in North America, China, Europe, and India.
