Key Takeaways A. O. Smith Corporation (AOS) reported second-quarter 2026 adjusted earnings of $1.03 per share, beating the Zacks Consensus Estimate of 96 cents by 7.3%. The bottom line declined 4% year over year, as weaker China volumes and higher input costs weighed on profitability. Net sales of $1 billion surpassed the consensus estimate of $986.45 million by 1.8% but fell 1% year over year. North America sales rose 5%, supported by 21% boiler sales growth, carryover pricing and Leonard Valve, while Chin ...

J P M O R G A N North America Equity Research 30 July 2026 A.O. Smith 2Q First Take: North America Holds Up but Residential and China Stay the Swing Factors A.O. Smith delivered a mixed 2Q26: adjusted EPS of $1.03 beat our $0.96 and consensus $0.95, while revenue of $1,004M topped our $999M and consensus $994M. However, management lowered the top end of its FY26 outlook, now guiding revenue to $3.9-$3.95B (from $3.9-$4.0B) and adjusted EPS to $3.70- $3.85 (from $3.70-$4.00), driven primarily by continued so ...