A.O. Smith reports Q1 adjusted EPS 94c, consensus 78c
The Fly

A.O. Smith reports Q1 adjusted EPS 94c, consensus 78c

Reports Q1 revenue $966.4M, consensus $922.26M. "A. O. Smith delivered strong performance in the first quarter driven by resilient water heater demand and lower year-over-year steel costs. China sales aligned with our expectations and improved sequentially throughout the quarter," noted Kevin Wheeler, chairman and chief executive officer. "I am pleased with the outstanding performance of the global team to meet customer demand and deliver strong results."

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on AOS:

Related Articles
TheFlyA.O. Smith management to meet with Seaport Research
TheFlyA.O. Smith price target lowered to $90 from $92 at Baird
TheFlyA.O. Smith upgraded to Buy from Hold at Stifel
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App