A.O. Smith (AOS) Misses Q1 EPS by 4c

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A. O. Smith reports first quarter earnings of $0.53 per share

April 30, 2019 6:55 AM EDT

MILWAUKEE, April 30, 2019 /PRNewswire/ -- Global water technology company A. O. Smith Corporation (NYSE-AOS) today announced first quarter net earnings of $89.3 million or $0.53 per share on first quarter sales of $748.2 million. Earnings per share declined approximately seven percent compared with first quarter 2018 earnings per share of $0.57 and nearly 12 percent compared with 2018 adjusted net earnings per share of $0.60 per share, which excludes $0.03 per share of restructuring and impairment costs. Sales in the quarter ended March 31 were... More