secwatch.observer — SEC 8-K summary
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Issuer:     SMITH A O CORP (AOS)
CIK:        0000091142
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0000091142-22-000063
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

A. O. Smith Q1 sales up 27% to $978M; adjusted EPS $0.77, reaffirms FY adjusted EPS $3.35-$3.55
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- Sales $978M (+27% YoY); net earnings $119.8M (+23%); diluted EPS $0.76 (+27%).
- Adjusted EPS $0.77 (+31%); pension termination expected in Q4 2022 with $445M pre-tax non-cash charge.
- North America segment sales $730M (+32%); Rest of World segment sales $256M (+15%).
- Reaffirms 2022 adjusted EPS guidance $3.35-$3.55; GAAP EPS $1.56-$1.76 reflecting pension settlement.
- Expects $400M in share repurchases in 2022; board declares $0.28 per share dividend, payable May 16.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91142/000009114222000063/0000091142-22-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91142/000009114222000063/aos-20220428.htm
  HTML page:      https://secwatch.observer/filing/0000091142-22-000063

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