A.O. Smith Corp (AOS) revealed earnings for its third quarter that increased from the same period last year.
The company's earnings totaled $131.6 million, or $0.82 per share. This compares with $105.4 million, or $0.65 per share, in last year's third quarter.
Analysts had expected the company to earn $0.68 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 20.3% to $914.6 million from $760.0 million last year.
A.O. Smith Corp earnings at a glance:
-Earnings (Q3): $131.6 Mln. vs. $105.4 Mln. last year.
-EPS (Q3): $0.82 vs. $0.65 last year.
-Analysts Estimate: $0.68
-Revenue (Q3): $914.6 Mln vs. $760.0 Mln last year.
-Guidance:
Full year EPS guidance: $2.86 - $2.90
Full year revenue guidance: $3,474 - $3,503 Mln
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