secwatch.observer — SEC 8-K summary
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Issuer:     SMITH A O CORP (AOS)
CIK:        0000091142
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0000091142-23-000093
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

A. O. Smith Q3 EPS $0.90 (+27% YoY); raises full-year adjusted EPS guidance to $3.70-$3.80
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- Q3 sales $938M (+7% YoY); North America sales up 9%, Rest of World up 1% (6% in local currency).
- Net earnings $135.4M (+23%); operating cash flow $439M and free cash flow $396M in first nine months.
- Raised 2023 outlook: sales ~2% growth to $3.8-3.85B; adjusted EPS $3.70-$3.80 (mid-point up 19% YoY).
- Board approved 7% dividend increase; five-year annual dividend growth rate now 10%.
- Share repurchases: $161.4M in 9 months; expects $300M for full year 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91142/000009114223000093/0000091142-23-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91142/000009114223000093/aos-20231026.htm
  HTML page:      https://secwatch.observer/filing/0000091142-23-000093

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