A.O. Smith (AOS) Tops Q1 EPS by 2c, Updates Guidance
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A. O. Smith Reports Strong First Quarter Performance
April 28, 2022 6:55 AM EDTFirst 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 $3.55MILWAUKEE, April 28, 2022 /PRNewswire/ -- Global water technology company... More
