A.O. Smith (AOS) Tops Q1 EPS by 7c

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Go back to A.O. Smith (AOS) Tops Q1 EPS by 7c

A. O. Smith reports record sales, strong growth in net earnings

April 27, 2016 6:50 AM EDT

MILWAUKEE, April 27, 2016 /PRNewswire/ -- Water technology company A. O. Smith Corporation (NYSE: AOS) today announced record first quarter net earnings of $73.5 million or $.83 per share on record first quarter sales of $636.9 million.  First quarter 2015 net earnings were $58.4 million or $.65 per share.

Sales in the quarter ended March 31 grew approximately three percent compared with sales of $618.5 million during the same period in 2015.  Sales increased approximately five percent when adjusted for the impact from the stronger U.S. dollar against... More