A. O. Smith beats Q2 revenue estimates, narrows EPS guidance for FY
- A. O. Smith press release (NYSE:AOS): Q2 Non-GAAP EPS of $1.06 in-line.
- Revenue of $1B (+6.6% Y/Y) beats by $1.09M.
- Reaffirm 2024 sales outlook of an increase of 3% to 5%
- Narrow EPS guidance to a range of between $3.95 and $4.10
- Recently announced Pureit acquisition expected to close by the end of 2024