MILWAUKEE (AP) _ A.O. Smith Corp. (AOS) on Thursday reported fourth-quarter earnings of $139.6 million.

The Milwaukee-based company said it had net income of 87 cents per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share.

The maker of water heaters and boilers posted revenue of $995.5 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $965.7 million.

For the year, the company reported profit of $487.1 million, or $3.02 per share. Revenue was reported as $3.54 billion.

A.O. Smith expects full-year earnings in the range of $3.35 to $3.55 per share, with revenue in the range of $4.11 billion to $4.18 billion.

A.O. Smith shares have dropped 13% since the beginning of the year. The stock has climbed 37% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AOS at https://www.zacks.com/ap/AOS

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News