NYSE:AOSBuilding
Did Mixed Earnings and Cautious Outlook Just Shift A. O. Smith's (AOS) Investment Narrative?
In the past week, A. O. Smith Corporation reported quarterly earnings that exceeded expectations, with total revenue rising 4.4% year-over-year primarily due to increased water heater and boiler sales in North America.
Despite the North American gains, a nearly 12% sales decline in China and a cautious updated fiscal 2025 outlook highlight the company's continued vulnerability to international market challenges and weaker new home construction trends.
We'll now review how the lowered sales...