Jefferies Remains Bullish After A.O. Smith's (AOS) 4Q Shows a Continuing Growth Story
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A. O. Smith announces record 2015 earnings on nearly eight percent increase in sales
January 29, 2016 6:51 AM ESTMILWAUKEE, Jan. 29, 2016 /PRNewswire/ --Â A. O. Smith Corporation (NYSE: AOS) today announced record sales of $2.54 billion and record net earnings of $282.9 million, or $3.16 per share, for 2015 compared with net earnings of $207.8 million, or $2.28 per share, the previous year. Net earnings in 2014 included after-tax non-operating pension costs of $13.2 million or $.15 per share.
Sales for 2015 grew nearly eight percent from the $2.36 billion achieved in 2014 and over nine percent when adjusted for the stronger U.S. dollar against the Canadian and... More
