A. O. Smith Tops, Outlook Tepid
Posted on April 23, 2010 at 15:26 PM EDT
A. O. Smith Corp. (NYSE:AOS) recently posted first quarter net income of $30.9 million, or $1.01 per share, compared to $2.7 million, or 28 cents per share in the year-ago quarter. The quarterly result also topped the Zacks Consensus Estimate by 3 cents. The better-than-expected performance was primarily driven by robust sales growth in China. During ...