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

AAON

01/08/2024 22:22

* Aaon Inc  AAON.OQ  reported quarterly adjusted earnings of
62
cents​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of 55
cents.  The mean expectation of six analysts for the quarter was
for earnings of 51 cents per share. Wall Street expected
results to range from 47 cents to 54 cents per share.
    * Revenue rose 10.4% to $313.57 million from a year ago;
analysts
expected $283.77 million. 
    * Aaon Inc's reported EPS for the quarter was 62 cents​.
    * The company reported quarterly net income of $52.23
million.
    * Aaon Inc shares had risen by 1.5% this quarter and
gained 19.8%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.9%
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 4 "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
$101.00 
This summary was machine generated from LSEG data August 1 at
09:22 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
 Jun. 30 2024      0.51           0.62           Beat
 Mar. 31 2024      0.49           0.46           Missed
 Dec. 31 2023      0.52           0.56           Beat
 Sep. 30 2023      0.55           0.64           Beat