A.O. Smith Recasts 2026 Guidance to Exclude China Business, Sees Adjusted EPS of $3.42-$3.52

A.O. Smith (AOS) said it will classify its China business as held for sale and report it as discontinued operations beginning in the fourth quarter of 2026, recasting prior periods accordingly. The company updated full-year 2026 guidance to exclude China for the entire year, projecting adjusted EPS of $3.42 to $3.52 and net sales of $3.27 billion to $3.29 billion. Upon closing, A.O. Smith expects to deconsolidate the China business and account for its retained 19% interest under the equity method. For the third quarter, net income totaled $126.3 million, or $0.93 per share, compared with $132.0 million, or $0.94 per share, a year earlier. Adjusted earnings were $126.3 million, or $0.93 per share. Revenue slipped 0.2% to $940.5 million from $942.5 million. A.O. Smith shares traded at $61.76 on the NYSE, up 1.44%.