A.O. Smith Reduces 2024 Adjusted EPS Outlook To $3.70-$3.85 (Prior $3.95 - $4.10) Vs. $3.82 Est.; Sees Net Sales Of $3.80B-$3.90B Vs. $3.868B Est.
A.O. Smith Reduces 2024 Adjusted EPS Outlook To $3.70-$3.85 (Prior $3.95 - $4.10) Vs. $3.82 Est.; Sees Net Sales Of $3.80B-$3.90B Vs. $3.868B Est.
2023Outlook
展望
2024 Outlook
2024展望
(in millions except per share amounts)
(金額除外)
| 2023 | 2024 Outlook | |||
| Actual | Low End | High End | ||
| Net sales | $ 3,853 | $ 3,800 | $ 3,900 | |
| Diluted earnings per share | $ 3.69 | $ 3.70 | $ 3.85 | |
| Adjusted earnings per share | $ 3.811 | $ 3.70 | $ 3.85 | |
| 2023 | 2024展望 | |||
| 實際 | 最底線 | 最高線 | ||
| 淨銷售額 | $ 3,853 | $ 3,800 | $ 3,900 | |
| 攤薄每股收益 | $ 3.69 | $ 3.70 | $ 3.85 | |
| 每股調整後盈利 | $ 3.811 | $ 3.70 | $ 3.85 | |
| 1 Excludes restructuring and impairment expenses. See accompanying GAAP to Non-GAAP reconciliations |
| 1 不包括重組和減值費用。請參閱附帶的按照美國通用會計準則和非美國通用會計準則的調和表 |
"Because we expect consumer demand to remain challenged in China through the end of the year and we are cautious about North America residential and commercial water heater end-market demand, we announced on October 11, and reaffirm today, that we lowered our sales outlook for 2024 to be approximately flat to last year. We also lowered our full year EPS outlook to a range of between $3.70 and $3.85, a year-over-year decline of 1% over 2023 adjusted EPS, at the midpoint," stated Wheeler. "Our improved lead times are expected to continue through the remainder of the year, and we have adjusted our North America residential and commercial water heater facilities to improve production efficiencies at lower levels."
"由於我們預計中國的消費需求將在年底之前仍面臨挑戰，而且對北美住宅和商用熱水器最終市場的需求持謹慎態度，我們在10月11日宣佈，並於今天重申，我們將2024年的銷售前景下調至與去年大致持平。我們還將全年每股收益展望下調至3.70至3.85美元區間，按照中間值計算，與2023年調整後的每股收益相比出現1%的年減。"Wheeler表示"我們改善的交貨時間預計將在今年餘下時間內持續，而且我們已經調整了我們在北美的住宅和商用熱水器設施，以提高在更低水平上的生產效率。"
譯文內容由第三人軟體翻譯。
