Consensus $3.84. Lowers FY25 revenue view to $3.8B-$3.85B from $3.85B-$3.93B, consensus $3.89B. “Our third quarter performance was strong; however we are cautious about the remainder of the year primarily due to continued headwinds in the China market and the impact of weakening new home construction on residential water heating in North America. Therefore, we have lowered our full year 2025 sales outlook to a projection of flat to up 1% compared to last year and lowered the midpoint of our EPS outlook with an anticipated range of $3.70 to $3.85. We remain confident in our ability to manage the tariff and competitive landscapes and are pleased with the performance we achieved in our growth priorities,” Shafer said.
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