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A.O. Smith's Q2 Adjusted Earnings, Net Sales Increase
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A.O. Smith's Q2 Adjusted Earnings, Net Sales Increase
Jul 23, 2024 4:38 AM

07:21 AM EDT, 07/23/2024 (MT Newswires) -- A.O. Smith (AOS) reported Q2 adjusted earnings Tuesday of $1.06 per share, up from $1.01 a year earlier.

Analysts polled by Capital IQ expected $1.06.

Net sales for the quarter ended June 30 were $1.02 billion, compared with $960.8 million a year earlier.

Analysts polled by Capital IQ expected $998.9 million.

The company said it now expects full-year adjusted EPS of $3.95 to $4.10, compared with the previous range of $3.90 to $4.15, while it reiterated its sales forecast of $3.97 billion to $4.05 billion. Analysts polled by Capital IQ expect $4.08 in adjusted EPS on revenue of $3.99 billion.

Price: 88.80, Change: -0.01, Percent Change: -0.01

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