AAON (AAON) Releases Earnings Results, Beats Expectations By $0.02 EPS

AAON (AAON) reported quarterly earnings results on Thursday, Aug-4-2016. The company said it had a profit of $0.27 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.25. The company posted revenue of $102.30 million in the period, compared to analysts expectations of $98.03 million. The company’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS.

AAON closed down -0.15 points or -0.57% at $26.32 with 1,14,730 shares getting traded on Tusday. Post opening the session at $26.49, the shares hit an intraday low of $26.13 and an intraday high of $26.79 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on Mar 8, 2016, Sam Neale (Vice President) sold 6,750 shares at $25.53 per share price. According to the SEC, on Mar 1, 2016, Rebecca Thompson (Chief Accounting Officer) sold 760 shares at $26.00 per share price. On Mar 1, 2016, Kathy I Sheffield (Sr. Vice President Admin/Treas) sold 12,775 shares at $24.95 per share price, according to the Form-4 filing with the securities and exchange commission.

AAON Inc. (AAON) is engaged in the manufacture and sale of air-conditioning and heating equipment. The Company’s products consist of rooftop units chillers air-handling units make-up air units heat recovery units condensing units commercial self-contained units and coils. Its products serve the commercial and industrial new construction and replacement markets. Its rooftop and condenser unit markets consist of units installed on commercial or industrial structures of less than 10 stories in height. It offers three groups of rooftop units: RQ RN and RL Series. It manufactures a LC Series chiller air-cooled a LN Series chiller air-cooled and a LL Series chiller and packaged outdoor mechanical room which are available in both air-cooled condensing and evaporative-cooled configurations covering a range of five to 540 tons. It offers four groups of condensing units: the CB CC CN and CL Series. Its subsidiaries include AAON Inc. and AAON Coil Products Inc.


Leave a Reply

AAON - Is it time to Sell?

Top Brokerage Firms are advising their investors on AAON. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.