A.O. Smith (AOS) Reports In-Line Q2 EPS, Offers FY Outlook
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A. O. Smith reports record second quarter net earnings on nearly 11 percent increase in sales
July 26, 2017 6:50 AM EDTMILWAUKEE, July 26, 2017 /PRNewswire/ -- Water technology company A. O. Smith Corporation (NYSE-AOS) today announced record second quarter net earnings of $92.4 million or $.53 per share on second quarter sales of $738.2 million. Net earnings per share grew eight percent compared with second quarter 2016 net earnings per share of $.49.
Sales in the quarter ended June 30 grew almost 11 percent compared with sales of $667.0 million during the same period in 2016. Sales increased over 12 percent when adjusted for the impact from the stronger U.S. dollar against... More
