A.O. Smith Corp (AOS) reported earnings for second quarter that beat the Street estimates.
The company's bottom line totaled $152.2 million, or $1.07 per share. This compares with $156.2 million, or $1.06 per share, last year.
Analysts on average had expected the company to earn $0.99 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 1.3% to $1.011 billion from $1.024 billion last year.
A.O. Smith Corp earnings at a glance (GAAP) :
-Earnings: $152.2 Mln. vs. $156.2 Mln. last year.-EPS: $1.07 vs. $1.06 last year.-Revenue: $1.011 Bln vs. $1.024 Bln last year.
-Guidance:Full year EPS guidance: $3.70 - $3.90Full year revenue guidance: $3,850 - $3,930 Mln
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