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

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