AOS - A. O. Smith Corporation (AOS) Q4 2023 Earnings Call Transcript
2024-01-30 13:48:09 ET
A. O. Smith Corporation (AOS)
Q4 2023 Earnings Conference Call
January 30, 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
Michael Halloran - Baird
Jeff Hammond - KeyBanc Capital Markets
Susan Maklari - Goldman Sachs
Saree Boroditsky - Jefferies
David MacGregor - Longbow Research
Andy Kaplowitz - Citigroup
Presentation
Operator
Good day and thank you for standing by. Welcome to the A. O. Smith’s Fourth Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. [Operator Instructions] Please be advised that today’s conference is being recorded.
I would now like to hand the call over to our first speaker for today, Helen Gurholt. Please go ahead.
Helen Gurholt
Thank you Abigail. Good morning everyone and welcome to the A. O. Smith’s full year and fourth quarter conference call. I’m Helen Gurholt, Vice President, Investor Relations and Financial Planning & 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 charges, non-operating noncash pension income and expenses as well as legal judgment income and terminated acquisition-related 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. O. Smith Corporation (AOS) Q4 2023 Earnings Call Transcript