A.O. Smith (AOS) Tops Q3 EPS by 2c; Guides In-Line

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Go back to A.O. Smith (AOS) Tops Q3 EPS by 2c; Guides In-Line

A. O. Smith reports strong net earnings growth on nine percent increase in sales

October 26, 2016 6:50 AM EDT

MILWAUKEE, Oct. 26, 2016 /PRNewswire/ -- Water technology company A. O. Smith Corporation (NYSE: AOS) today announced third quarter net earnings of $83.2 million or $0.47 per share on record third quarter sales of $683.9 million. Third quarter 2016 net earnings improved 13 percent from the $73.6 million earned the previous year.

Increased volumes of residential and commercial water heaters in the U.S. and continued strong demand for the company's water heating and water treatment products in China drove sales in the third quarter nine... More