Financial Releases


 

A.O. Smith Announces First Quarter Earnings of $.48 Per Share, a 17 Percent Increase Over First Quarter of 1998

04/15/1999
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MILWAUKEE, April 15 -- A.O. Smith Corporation (NYSE: AOS, Amex: SMCA), continuing to benefit from the strong performance of its two largest technology platforms, today announced first quarter earnings of $.48 per share. Earnings per share increased 17 percent over first quarter 1998 earnings of $.41 per share. Net earnings for the Milwauke...

A.O. Smith Declares Dividend

01/19/1999
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MILWAUKEE, Jan. 19 -- Directors of A.O. Smith Corporation (NYSE: AOS; Amex: SMCA) today declared a regular quarterly cash dividend of $.12 per share on Common Stock and Class A Common Stock payable February 16, 1999 to shareholders of record January 29, 1999.

A.O. Smith Earnings of $1.84 Per Share Set Record; Fourth Quarter Earnings Increase 18 Percent to $.45 Per Share

01/19/1999
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MILWAUKEE, Wis., Jan. 19 -- Propelled by the performance of its two largest operating units, A.O. Smith Corporation (NYSE: AOS; Amex: SMCA) today announced record 1998 earnings of $44.5 million or $1.84 per share. Per share earnings were more than 38 percent higher than the $1.33 per share earned in 1997. Earnings from continuing ...

A.O. Smith Reports Record Third Quarter Earnings of $.46 Per Share and Issues Outlook for 1999

10/13/1998
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MILWAUKEE, Oct. 13 -- A. 0. Smith Corporation (NYSE: AOS; Amex: SMCA) today announced record third quarter earnings per share of $.46, a 39 percent increase over 1997 third quarter earnings of $.33. Third quarter earnings increased nearly 22 percent to $11.0 million compared with the $9.0 million earned in last year's third quarter....

A.O. Smith Corporation Declares Dividend

10/06/1998
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MILWAUKEE, Oct. 6 -- Directors of A.O. Smith Corporation (NYSE: AOS; Amex: SMCA) today declared a regular quarterly cash dividend of $.12 per share on Common Stock and Class A Common Stock payable November 16, 1998 to shareholders of record October 30, 1998.

A.O. Smith Names Two New Directors

08/11/1998
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MILWAUKEE, Aug. 11 -- A.O. Smith Corporation (NYSE: AOS; Amex: SMCA) today named William F. Buehler and Robert N. Pokelwaldt to its Board of Directors. Buehler, 58, is executive vice president-business operations with Xerox Corporation of Stamford, Conn., a position he has held since 1997. In this assignment, he is responsible for ...

A.O. Smith Second Quarter Earnings Per Share Increase 28 Percent to $.78 Per Share

07/15/1998
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MILWAUKEE, July 15 -- A.O. Smith Corporation (NYSE: AOS; Amex: SMC) today announced second quarter 1998 earnings per share of $.78, a 28 percent increase over 1997 second quarter earnings of $.61 per share. The company reported earnings from continuing operations of $12.6 million, an eight percent increase over 1997 second quarter earnings of ...

A.O. Smith Completes Purchase of GE Compressor Motor Business

07/02/1998
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MILWAUKEE, July 2 -- A.O. Smith Corporation (NYSE: AOS; Amex: SMC) today completed the acquisition of General Electric Company's (NYSE: GE) domestic compressor motor business from the GE Industrial Controls Systems Division for $120 million. GE's compressor motor operations, based in Scottsville, Ky., includes a 250,000 square foot...

A.O. Smith Announces Three for Two Stock Split; Increases Quarterly Dividend Six Percent

06/09/1998
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MILWAUKEE, June 9 -- The A.O. Smith Corporation (NYSE: AOS; Amex: SMCA) Board of Directors today approved a plan to split the company's stock 3-for-2 in the form of a 50 percent stock dividend payable to holders of Common Stock and Class A Common Stock. Shareholders will receive one additional share of stock for every two shares ow...

A.O. Smith to Acquire GE Compressor Motor Business

05/13/1998
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MILWAUKEE, May 13 -- A.O. Smith Corporation (NYSE: AOS; Amex: SMCA) today announced it has reached a definitive agreement with the Industrial Controls Systems Business of General Electric Company (NYSE: GE) to acquire GE's domestic compressor motor business. Terms of the acquisition were not announced. The sale remains subject to ...

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