Aaon Inc reports results for the quarter ended December 31 - Earnings Summary

• Aaon Inc AAON.OQ reported quarterly adjusted earnings of 30 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 56 cents. The mean expectation of seven analysts for the quarter was for earnings of 53 cents per share. Wall Street expected results to range from 49 cents to 56 cents per share.

• Revenue fell 2.9% to $297.72 million from a year ago; analysts expected $320.49 million.

• Aaon Inc's reported EPS for the quarter was 30 cents​.

• The company reported quarterly net income of $24.69 million.

• Aaon Inc shares had fallen by 13.3% 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 3 "strong buy" or "buy," 4 "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 $135.00

This summary was machine generated from LSEG data February 27 at 03:20 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)