A.O. Smith Corp (AOS) announced earnings for its second quarter that climbed from last year.
The company's bottom line came in at $118.2 million, or $0.73 per share. This compares with $67.8 million, or $0.42 per share, in last year's second quarter.
Excluding items, A.O. Smith Corp reported adjusted earnings of $118.2 million or $0.73 per share for the period.
Analysts had expected the company to earn $0.64 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 29.5% to $859.8 million from $663.9 million last year.
A.O. Smith Corp earnings at a glance:
-Earnings (Q2): $118.2 Mln. vs. $72.8 Mln. last year.
-EPS (Q2): $0.73 vs. $0.45 last year.
-Analysts Estimate: $0.64
-Revenue (Q2): $859.8 Mln vs. $663.9 Mln last year.
-Guidance:
Full year EPS guidance: $2.70 - $2.76
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