Aaon Inc reports results for the quarter ended in December - Earnings Summary

AAON

28/02/2024 23:17

* Aaon Inc  AAON.OQ  reported quarterly adjusted earnings of
56
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of 47
cents.  The mean expectation of four analysts for the quarter
was for earnings of 52 cents per share. Wall Street expected
results to range from 49 cents to 54 cents per share.
    * Revenue rose 20.4% to $306.64 million from a year ago;
analysts
expected $294.35 million. 
    * Aaon Inc's reported EPS for the quarter was 56 cents​.
    * The company reported quarterly net income of $47.05
million.
    * Aaon Inc shares had risen by 16.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the electrical
components & equipment peer group is also "buy"

Wall Street's median 12-month price target for Aaon Inc is
$80.00 
This summary was machine generated from LSEG data February 28 at
11:17 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.52           0.56           Beat
 Sep. 30 2023      0.55           0.64           Beat
 Jun. 30 2023      0.43           0.55           Beat
 Mar. 31 2023      0.35           0.45           Beat