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Zacks News
Headquartered in Milwaukee, WI, A. O. Smith Corporation is one of the leading manufacturers of commercial and residential water heating equipment, and water treatment products of the world. The company specializes in offering innovative, and energy-efficient solutions and products, which are developed and sold on a global platform.
Berry Global (BERY) to Buy Back $50M Shares in Accelerated Program
by Zacks Equity Research
Berry Global (BERY) intends to buy back $50 million worth of shares under an accelerated share buyback program. The move reflects its flexible capital allocation policy and sound cash position.
Regal Rexnord (RRX) Aids Motion Control With Arrowhead Buyout
by Zacks Equity Research
Regal Rexnord (RRX) acquires automation solutions provider Arrowhead in an all-cash transaction. The buyout complements the Motion Control Solutions segment's offerings and prospects.
Zurn Water (ZWS) Buys Wade Drains, Boosts Flow Systems Prospects
by Zacks Equity Research
Zurn Water's (ZWS) Wade Drains buyout will boost its flow systems portfolio and manufacturing capabilities. It is Zurn Water's first buyout since its NYSE debut on Oct 5.
Berry Global (BERY) Q4 Earnings Beat Estimates, Down Y/Y
by Zacks Equity Research
Berry Global's (BERY) Q4 earnings results reflect the impacts of higher selling prices, labor and supply-chain woes, and adverse divestitures impact.
SiteOne Landscape (SITE) Acquires Semco Stone, Boosts Prospects
by Zacks Equity Research
SiteOne Landscape's (SITE) Semco Stone buyout will boost its product offerings of natural stones. The buyout marks the seventh one by SiteOne Landscape so far in 2021.
Here's Why it is Worth Investing in A. O. Smith (AOS) Now
by Zacks Equity Research
A. O. Smith (AOS) stands to benefit from its solid portfolio of products, acquired assets, and shareholder-friendly policies.
Century Aluminum (CENX) & Qair Agree Over Wind Power Supply
by Zacks Equity Research
Century Aluminum (CENX) arm, Nordural Grundartangi ehf, enters into an agreement with Qair for green electricity supply and to develop a solution to trap carbon dioxide from the Grundartangi smelter.
Stanley Black (SWK) Makes Accounting Changes, Updates View
by Zacks Equity Research
Stanley Black (SWK) updates its third-quarter reported earnings and projections for 2021, following amendments to its accounting policy.
Zacks Industry Outlook Highlights: Emerson Electric, A. O. Smith, Franklin Electric and AZZ
by Zacks Equity Research
Zacks Industry Outlook Highlights: Emerson Electric, A. O. Smith, Franklin Electric and AZZ
4 Top Stocks From the Promising Manufacturing Electronics Industry
by Avisekh Bhattacharjee
The Zacks Manufacturing - Electronics industry is likely to continue benefiting from the rise in economic activities, higher orders, and technological advancement in manufacturing processes. Four stocks, EMR, AOS, FELE, and AZZ are the likely outperformers from the industry.
EnerSys (ENS) Misses Q2 Earnings and Sales Miss Estimates, Rise Y/Y
by Zacks Equity Research
Enersys (ENS) Q2 earnings increase y/y on the back of sales generation. Supply-chain woes and cost inflation have been headwinds in the quarter.
Roper (ROP) Board Approves 10% Hike in Quarterly Dividend Rate
by Zacks Equity Research
Roper's (ROP) board hikes the quarterly dividend rate by 10%. The move is in sync with the company's shareholder-friendly policies.
Middleby (MIDD) Q3 Earnings & Sales Miss Estimates, Up Y/Y
by Zacks Equity Research
Middleby's (MIDD) third-quarter 2021 sales increase 28.8% year over year on impressive performance across its segments.
Century Aluminum (CENX) Q3 Earnings Beat, Sales Lag Estimates
by Zacks Equity Research
Century Aluminum (CENX) reports a loss in Q3 but sees an increase in revenues led by higher prices for aluminum and regional premiums.
Parker-Hannifin (PH) Q1 Earnings & Revenues Top Estimates
by Zacks Equity Research
Parker-Hannifin's (PH) fiscal first-quarter revenues increase 16.5% year over year on account of impressive performance across its segments.
Ingersoll Rand (IR) Tops Q3 Earnings Estimates, Hikes '21 View
by Zacks Equity Research
Ingersoll Rand's (IR) third-quarter 2021 organic revenues increase 13.4% year over year on account of impressive performance across its segments.
Emerson (EMR) Q4 Earnings Beat Estimates, Revenues Miss
by Zacks Equity Research
Emerson Electric's (EMR) fourth-quarter fiscal 2021 net sales increase 8.5% year over year on impressive performance across its segments.
Eaton (ETN) Q3 Earnings Surpass Estimates, Revenues Lag
by Zacks Equity Research
Eaton's (ETN) third-quarter earnings are better than expected. It continues to gain from an improvement in end-market conditions.
A. O. Smith (AOS) Q3 Earnings & Revenues Surpass Estimates
by Zacks Equity Research
A. O. Smith's (AOS) third-quarter 2021 revenues increase 20.3% year over year on account of impressive performance across its segments.
A.O. Smith (AOS) Surpasses Q3 Earnings and Revenue Estimates
by Zacks Equity Research
A.O. Smith (AOS) delivered earnings and revenue surprises of 22.39% and 9.09%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
A. O. Smith (AOS) to Post Q3 Earnings: What's in the Offing?
by Zacks Equity Research
A. O. Smith's (AOS) Q3 earnings are likely to have gained from a strong demand environment for its products. However, supply chain issues and raw material inflation might have weighed on the company.
A.O. Smith (AOS) Reports Next Week: Wall Street Expects Earnings Growth
by Zacks Equity Research
A.O. Smith (AOS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
A. O. Smith's (AOS) Giant Factories Buyout to Boost Earnings
by Zacks Equity Research
A. O. Smith (AOS) acquires commercial and residential water heating product manufacturer, Giant Factories. Earnings accretion is predicted in the first year of the buyout.
AZZ's Q2 Earnings Beat, Sales Jump Y/Y, EPS View Raised
by Zacks Equity Research
AZZ reports mixed second-quarter fiscal 2022 results, wherein earnings beat the Zacks Consensus Estimate but revenues lag the same.
A. O. Smith (AOS) to Benefit From Strong Demand Amid Risks
by Zacks Equity Research
A. O. Smith (AOS) poised to gain from solid demand for water heaters, boilers and water treatment, buyouts, and a robust liquidity position. However, rising costs remain concerning.