July 25, 2018 at 6:55 AM EDT
A. O. Smith reports double-digit sales and earnings growth in second quarter
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MILWAUKEE, July 25, 2018 /PRNewswire/ -- Global water technology company A. O. Smith Corporation (NYSE:AOS) today announced a 24 percent increase in net earnings on record second quarter sales.
A. O. Smith Corporation logo. (PRNewsFoto/A. O. Smith Corporation) (PRNewsfoto/A. O. Smith Corporation)
Net earnings for the quarter ended on June 30 were $114.5 million or $.66 per share compared with second quarter 2017 net earnings of $92.4 million or $.53 per share. Second quarter sales of $833.3 million were 13 percent higher than sales of $738.2 million during the same period last year.
