A. O. Smith Reports Lower Q3 Earnings and Updates 2026 Guidance
Filed with the SEC on · Summarized by InvestorsBot
A. O. Smith reported third-quarter 2026 sales of $940.5 million, net earnings of $126.3 million and diluted EPS of $0.93, compared with $942.5 million, $132.0 million and $0.94 a year earlier. The company also announced agreements for CPE to acquire an 81% interest in its China business for a valuation of approximately $400 million, while A. O. Smith retains 19% and a long-term brand license; closing is expected in the first half of 2027. Excluding China, A. O. Smith expects 2026 sales growth of approximately 4% and adjusted EPS of $3.42 to $3.52.