* Aaon Inc reported quarterly adjusted earnings of 63 cents per share for the quarter ended January 1, lower than the same quarter last year, when the company reported EPS of 64 cents. The mean expectation of seven analysts for the quarter was for earnings of 57 cents per share. Wall Street expected results to range from 55 cents to 60 cents per share.
* Revenue rose 4.9% to $327.25 million from a year ago; analysts expected $315.83 million.
* Aaon Inc's reported EPS for the quarter was 63 cents.
* The company reported quarterly net income of $52.63 million.
* Aaon Inc shares had risen by 10.4% this quarter and gained 61.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 0.2% 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 $106.50 This summary was machine generated from LSEG data November 8 at 05:28 a.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
Sep. 30 2024 0.57 0.63 Beat
Jun. 30 2024 0.51 0.62 Beat
Mar. 31 2024 0.49 0.46 Missed
Dec. 31 2023 0.52 0.56 Beat
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