A.O. Smith Q3 Profit Falls to $126.3 Million as Revenue Slips 0.2%

A.O. Smith Corp. (AOS) reported third-quarter earnings of $126.3 million, or $0.93 per share, down from $132.0 million, or $0.94 per share, a year earlier, the water heater maker said. Revenue declined 0.2% to $940.5 million from $942.5 million. Adjusted earnings matched GAAP results at $126.3 million, or $0.93 per share. The company guided full-year EPS to a range of $3.42 to $3.52 and full-year revenue to $3.270 billion to $3.290 billion.