Why Is A.O. Smith (AOS) Down 7.2% Since Last Earnings Report?

A month has gone by since the last earnings report for A.O. Smith (AOS) . Shares have lost about 7.2% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is A.O. Smith due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. A. O. Smith Q3 Earnings Match Estimates, Sales Decline ...