secwatch.observer — SEC 8-K summary
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Issuer:     SMITH A O CORP (AOS)
CIK:        0000091142
Form:       8-K
Filed at:   2022-01-27T23:59:59+00:00
Accession:  0000091142-22-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

A. O. Smith reports record 2021 EPS $3.02 (+42% YoY); guides 2022 adjusted EPS $3.35-$3.55
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- Record sales $3.539B (+22% YoY); net earnings $487.1M (+41%); operating cash flow $641.1M (+14%).
- Q4 sales $995.5M (+19%); EPS $0.87 (+18%); North America segment sales $714.8M (+27%).
- 2022 guidance: GAAP EPS $1.56-$1.76; adjusted EPS $3.35-$3.55; sales growth 16%-18%.
- Board approved pension plan termination; expects $445M pretax non-cash charge in Q4 2022.
- Authorized additional 3.5M share repurchase; expects $400M buyback in 2022; dividend $0.28/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91142/000009114222000004/0000091142-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91142/000009114222000004/aos-20220127.htm
  HTML page:      https://secwatch.observer/filing/0000091142-22-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer