PISCATAWAY, NJ — American Standard Companies Inc. has announced record third-quarter earnings of $1.55 per diluted share, up 26%, on record third-quarter sales of $2.07 billion that were up 10% (up 8% in local currencies) from the same period a year ago.
The results are consistent with the company’s July guidance, which forecast earnings of $1.50-$1.60 per diluted share. Net income rose 27% to $114 million.