A. O. Smith Corporation (NYSE:AOS) Q4 2024 Earnings Conference Call January 30, 2024 10:00 AM ET
Company Participants
Helen Gurholt - VP, IR and Financial Planning & Analysis
Kevin Wheeler - Chairman & CEO
Stephen Shafer - President and Chief Operating Officer
Chuck Lauber - CFO
Conference Call Participants
Mike Halloran - Robert W. Baird & Co.
Matt Summerville - D.A. Davidson & Company
Damian Karas - UBS Securities
Bryan Blair - Oppenheimer
Scott Graham - Seaport Research Partners
Susan Maklari - Goldman Sachs
Nathan Jones - Stifel
Saree Boroditsky - Jefferies, LLC
Jeff Hammond - KeyBanc Capital Markets, Inc.
Andrew Kaplowitz - Citi Research
David MacGregor - Longbow Research
Operator
Good day, and thank you for standing by. Welcome to the A. O. Smith Corporation Fourth Quarter 2024 Earnings Conference 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 that today's conference is being recorded.
I would now 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 full year and fourth 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; Steve Shafer, President and Chief Operating 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 restructuring and impairment expenses and pension settlement income and expenses. Reconciliations from GAAP measures to non-GAAP measures are provided in the appendix at the end of