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With a market cap of $10 billion, A.O. Smith Corporation (AOS) is a leading global manufacturer of water heating and water treatment products for residential, commercial, and industrial applications. The Milwaukee, Wisconsin-based company designs and produces energy-efficient water heaters, boilers, water filtration systems, and related technologies.
The industrial giant is set to unveil its third-quarter results before the market opens on Tuesday, Oct. 28. Ahead of the event, analysts expect AOS to report non-GAAP earnings of $0.89 per share, up 8.5% from $0.82 per share reported in the year-ago quarter. The company has surpassed or matched the Street’s bottom-line projections in three of the past four quarters, while missing on another occasion.
