A.O. Smith (AOS) Tops Q1 EPS by 2c, Updates Guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. LVS
6. SAP
7. CSX
8. LRCX
9. SPCX
10. SPY

Go back to A.O. Smith (AOS) Tops Q1 EPS by 2c, Updates Guidance

A. O. Smith Reports Strong First Quarter Performance

April 28, 2022 6:55 AM EDT

First Quarter 2022 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted)

Sales of $978 million, an increase of 27% due primarily to inflation-related pricing actionsNet earnings of $119.8 million, an increase of 23%Earnings per share ("EPS") of $0.76, an increase of 27%Adjusted earnings of $122.0 million, which exclude pre-tax non-operating pension expense of $2.9 million, and adjusted EPS of $0.77Reaffirm 2022 EPS guidance of $1.56 to $1.76 and adjusted EPS guidance of $3.35 to $3.55

MILWAUKEE, April 28, 2022 /PRNewswire/ -- Global water technology company... More