Skip to main content

A.O. Smith: Q1 Earnings Snapshot

MILWAUKEE (AP) — MILWAUKEE (AP) — A.O. Smith Corp. (AOS) on Thursday reported first-quarter earnings of $118 million.

The Milwaukee-based company said it had net income of 85 cents per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 94 cents per share.

The maker of water heaters and boilers posted revenue of $945.6 million in the period, also falling short of Street forecasts. Five analysts surveyed by Zacks expected $969.2 million.

A.O. Smith expects full-year earnings in the range of $3.70 to $4 per share.

A.O. Smith shares have declined nearly 5% since the beginning of the year. The stock has fallen 5% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AOS at https://www.zacks.com/ap/AOS

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related News

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary