A.O. Smith Corporation (AOS) Tops Q4 EPS by 3c; Guides FY 2015 In-Line
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Revenue Growth %: +3.0%
Financial Fact:
Provision (benefit) for income taxes: 35.2M
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A.O. Smith Corporation (NYSE: AOS) reported Q4 EPS of $0.64, $0.03 better than the analyst estimate of $0.61. Revenue for the quarter came in at $626.8 million versus the consensus estimate of $610.27 million.
A.O. Smith Corporation sees FY2015 EPS of $2.65-$2.80, versus the consensus of $2.76.
"Our 140th anniversary year was another record-setting year for A. O. Smith," Ajita G. Rajendra, chairman and chief executive officer, observed. "Our U. S. water heater and boiler results benefited from the strengthening U. S. economy. Our sales in China continued to grow faster than two times that country's GDP thanks to an improved water heater product mix and an increase in water heater and water treatment volumes, including growth of our online sales which surpassed $50 million in 2014."
For earnings history and earnings-related data on A.O. Smith Corporation (AOS) click here.
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