Here's What to Expect From A.O. Smith's Next Earnings Report

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 $11.8 billion, A.O. Smith’s operations span various countries in North America, Europe, and Asia. It is expected to announce its Q2 earnings before the market opens on Tuesday, July 23.

Ahead of the event, analysts expect A.O. Smith to report a profit of $1.06 per share, up 5% from $1.01 per share reported in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates over the past four quarters. Its EPS for the last reported quarter grew 6.4% annually to $1.00, exceeding the consensus estimates by 1%.