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Milwaukee, Wisconsin-based A.O. Smith Corporation (AOS) manufactures residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products. With a market cap of $9.3 billion, A.O. Smith’s operations span various countries in North America, Europe, and Asia. The company is set to unveil its second-quarter results on Tuesday, Jul. 22.
Ahead of the event, analysts expect AOS to report non-GAAP earnings of $0.97 per share, down 8.5% from the profit of $1.06 per share reported in the year-ago quarter. The company has surpassed or matched the Street’s bottom-line projections in two of the past four quarters, while missing on two other occasions.