A. O. Smith Reports Third Quarter Performance
A. O. Smith(AOS) Prnewswire·2024-10-22 10:55
Third Quarter 2024 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted)Sales of $903 million, a decrease of 4%, driven by lower sales in China and lower volumes of water heaters in North AmericaNet earnings of $120 million, a decrease of 11%Diluted earnings per share (EPS) of $0.82, a decrease of 9% Reaffirm revised 2024 EPS outlook of $3.70 to $3.856% increase to our dividend; we have increased our dividend for 32 consecutive yearsRecently announced Pureit acquisition on track to clos ...