A.O. Smith Corp (AOS) reported earnings for its fourth quarter that increased from last year.
The company's profit totaled $126.3 million, or $0.74 per share. This compares with $22.7 million, or $0.13 per share, in last year's fourth quarter.
Excluding items, A.O. Smith Corp reported adjusted earnings of $126.3 million or $0.74 per share for the period.
Analysts had expected the company to earn $0.71 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.7% to $812.5 million from $768.6 million last year.
A.O. Smith Corp earnings at a glance:
-Earnings (Q4): $126.3 Mln. vs. $104.5 Mln. last year.
-EPS (Q4): $0.74 vs. $0.60 last year.
-Analysts Estimate: $0.71
-Revenue (Q4): $812.5 Mln vs. $768.6 Mln last year.
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