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India

A. O. Smith Corp (AOS.N)

AOS.N on New York Stock Exchange

61.36USD
11 Dec 2017
Change (% chg)

$-0.86 (-1.38%)
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Open
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Volume
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Latest Key Developments (Source: Significant Developments)

A. O. Smith reports Q3 earnings per share of $0.54
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - A. O. Smith Corp :A. O. Smith reports record third quarter net earnings on 10 percent increase in sales.Sees FY 2017 earnings per share $2.12 to $2.14.Q3 earnings per share $0.54.Q3 sales $749.9 million versus I/B/E/S view $740.9 million.Q3 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $2.11 -- Thomson Reuters I/B/E/S.A. O. Smith Corp - ‍project global sales will grow between 11 and 12 percent in 2017​.A. O. Smith Corp - projects global sales will grow between 11 percent and 12 percent this 2017 year ​.FY2017 revenue view $2.98 billion -- Thomson Reuters I/B/E/S.  Full Article

A. O. Smith buys water treatment co Aquasana for $87 mln
Monday, 8 Aug 2016 

A. O. Smith Corp : A. O. Smith acquires water treatment company Aquasana . Deal for $87 million . Aquasana 2016 sales expected to be about $44 million, including approximately 35 percent comprised of consumable water treatment filters . A. O. Smith believes Aquasana's organic revenue, including synergies, could reach $100 million in 2019 . Used available borrowing capacity on its $400 million revolving credit facility to fund debt-free acquisition . Now expects to repurchase approximately $135 million of its shares in 2016 . Professional fees related to acquisition of approximately $1 million . Purchase price represents a multiple of two times expected 2016 sales . Expects to achieve approximately $25 million to $30 million of annual revenue synergies over next two to three years driven from deal .Expects acquisition to be neutral to earnings per share in 2016, excluding one-time after-tax purchase accounting charges and professional fees related to acquisition.  Full Article

A. O. Smith Q2 earnings $0.98/ share
Tuesday, 26 Jul 2016 

A. O. Smith Corp : Q2 earnings per share $0.98 . Q2 earnings per share view $0.90 -- Thomson Reuters I/B/E/S . Continues to expect to spend $175 million in 2016 on share repurchases. . Qtrly net sales $667.0 million versus $653.5 million . Quarterly sales rose 2 percent . A. O. Smith reports strong growth in net earnings on record sales . Upgraded midpoint of our 2016 guidance range and now expect full-year 2016 earnings per share to be between $3.58 and $3.64 . Sees full-year 2016 earnings per share $3.58 to $3.64 .Full-year 2016 earnings per share view $3.52 -- Thomson Reuters I/B/E/S.  Full Article

A. O. Smith Corp ups dividend by 26 pct to $0.24/shr
Tuesday, 26 Jan 2016 

A. O. Smith Corp:Approved a 26 percent increase in the company's quarterly cash dividend to $.24 per share.Payable on Feb. 16 to shareholders of record date as on Feb. 5.  Full Article

BRIEF-A. O. Smith reports Q3 earnings per share of $0.54

* A. O. Smith reports record third quarter net earnings on 10 percent increase in sales