A.O. Smith Corp (STU:3SM)
€ 70.96 0.9 (1.28%) Market Cap: 10.27 Bil Enterprise Value: 10.16 Bil PE Ratio: 19.65 PB Ratio: 5.75 GF Score: 85/100

Q2 2023 A O Smith Corp Earnings Call Transcript

Jul 27, 2023 / 02:00PM GMT
Release Date Price: €68.02 (+0.65%)
Operator

Good day, and thank you for standing by. Welcome to the A. O. Smith Corporation Q2 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. Without further ado, I'll hand the conference over to your first speaker, Helen Gurholt. Helen, please go ahead.

Helen E. Gurholt
A. O. Smith Corporation - VP of IR and Financial Planning & Analysis

Thank you, Eric, and good morning, everyone, and welcome to the A.O. Smith Second 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 provide 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

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