AOS - A. O. Smith Corporation (AOS) Q1 2024 Earnings Call Transcript
2024-04-25 13:16:10 ET
A. O. Smith Corporation (AOS)
Q1 2024 Earnings Conference Call
April 25, 2024, 10:00 AM ET
Company Participants
Helen Gurholt - VP, IR and Financial Planning & Analysis
Kevin Wheeler - Chairman & CEO
Chuck Lauber - CFO
Conference Call Participants
Mike Halloran - Baird
Susan Maklari - Goldman Sachs
Matt Summerville - D.A. Davidson
Jeff Hammond - KeyBanc
Scott Graham - Seaport Research Partners
Andrew Kaplowitz - Citi
Damian Karas - UBS
Adam Farley - Stifel
David MacGregor - Longbow Research
Presentation
Operator
Good day and thank you for standing by. Welcome to the A.O. Smith First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised, today's conference is being recorded.
I would like to hand the conference over to your speaker today, Helen Gurholt, please go ahead.
Helen Gurholt
Good morning. And welcome to the A.O. Smith first quarter conference call. I'm Helen Gurholt, Vice President, Investor Relations and Financial Planning and Analysis. Joining me today are Kevin Wheeler, Chairman and Chief Executive Officer; and Chuck Lauber, Chief Financial Officer.
In order to provide improved transparency into the operating results of our business, we provided non-GAAP measures. Free cash flow is defined as cash from operations, less capital expenditures, adjusted earnings, adjusted earnings per share, adjusted segment earnings, and adjusted corporate expenses exclude the impact of impairment expenses. Reconciliations from GAAP measures to non-GAAP measures are provided in the appendix at the end of this presentation and on our website.
A friendly reminder that some of our comments and answers during this conference call will be forward-looking statements that are subject to risks that could cause actual results to be materially different. Those risks include matters that we described in this morning's press release, among others.
Also, as a courtesy to others in the question queue, please limit yourself to one question and one follow-up per turn. If you have multiple questions, please rejoin the queue. We will be using slides as we move through today's call. You can access them on our website at investor.aosmith.com....
A. O. Smith Corporation (AOS) Q1 2024 Earnings Call Transcript