A O Smith Corp reports results for the quarter ended September 30 - Earnings Summary

• A O Smith Corp AOS reported quarterly adjusted earnings of 94 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 82 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 91 cents per share. Wall Street expected results to range from 88 cents to 96 cents per share.

• Revenue rose 4.4% to $942.50 million from a year ago; analysts expected $946.54 million.

• A O Smith Corp's reported EPS for the quarter was 94 cents​.

• The company reported quarterly net income of $132 million.

• A O Smith Corp shares had fallen by 6.5% this quarter and gained 0.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is "buy."

• Wall Street's median 12-month price target for A O Smith Corp is $80.00, about 14.2% above its last closing price of $68.61

This summary was machine generated from LSEG data October 28 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)