A.O. Smith (AOS) Tops Q2 EPS by 8c
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A. O. Smith reports strong growth in net earnings on record sales
July 26, 2016 6:50 AM EDTMILWAUKEE, July 26, 2016 /PRNewswire/ -- Water technology company A. O. Smith Corporation (NYSE: AOS) today announced record second quarter net earnings of $87.1 million or $.98 per share on record second quarter sales of $667.0 million. Second quarter 2015 net earnings were $71.1 million or $.79 per share.
Sales in the quarter ended June 30 grew approximately two percent compared with sales of $653.5 million during the same period in 2015. Sales increased approximately four percent when adjusted for the impact from the stronger U.S. dollar against the Chinese... More
