A.O. Smith Q2 EPS $1.01 Beats $0.91 Estimate, Sales $960.80M Miss $965.73M Estimate
Portfolio Pulse from Benzinga Newsdesk
A.O. Smith (NYSE:AOS) reported Q2 earnings of $1.01 per share, beating the analyst consensus estimate of $0.91 by 10.99%. This is a 23.17% increase from the same period last year. However, the company's quarterly sales of $960.80 million missed the analyst consensus estimate of $965.73 million by 0.51%, marking a 0.53% decrease from the same period last year.
July 27, 2023 | 10:56 am
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A.O. Smith's Q2 earnings beat estimates but sales fell short. This mixed result could lead to uncertain market reactions.
A.O. Smith's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. The mixed results may lead to an uncertain short-term impact on the stock price.
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