A.O. Smith (AOS) Tops Q3 EPS by 4c; Boosts FY15 EPS Outlook

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Go back to A.O. Smith (AOS) Tops Q3 EPS by 4c; Boosts FY15 EPS Outlook

A. O. Smith reports record third quarter earnings

October 21, 2015 6:45 AM EDT

MILWAUKEE, Oct. 21, 2015 /PRNewswire/ -- Water technology company A. O. Smith Corporation (NYSE-AOS) today announced record third quarter net earnings of $73.6 million or $0.82 per share compared with $50.6 million or $0.56 per share last year. Third quarter 2014 earnings included after-tax non-operating pension costs of $2.9 million or $.03 per share.

Third quarter sales of $625.1 million grew 7.5 percent compared with sales of $581.6 million during the same period in 2014 due to higher prices in North America, higher sales of Lochinvar-branded products and commercial water heaters in the U.S., and... More