A. O. Smith reports third quarter earnings of $0.65 per share and upgrades full year 2020 earnings guidance

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Go back to A. O. Smith reports third quarter earnings of $0.65 per share and upgrades full year 2020 earnings guidance

A.O. Smith (AOS) Tops Q3 EPS by 14c, Updates Guidance

October 29, 2020 6:52 AM EDT

A.O. Smith (NYSE: AOS) reported Q3 EPS of $0.66, $0.14 better than the analyst estimate of $0.52. Revenue for the quarter came in at $760 million versus the consensus estimate of $715.58 million.

GUIDANCE:

A.O. Smith sees FY2020 EPS of $1.95-$1.98.

"We are encouraged by the resiliency of our North America residential water heater demand and the year-over-year growth in consumer demand for our products in China. We continue... More