AAON, Inc. (NASDAQ:AAON) is reporting third quarter financial results on Thursday 5th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, AAON is expected to report 3Q20 income of $ 0.33 per share from revenue of $ 125.72 million.
For the full year, analysts anticipate top line of $ 508.14 million, while looking forward to income of $ 1.38 per share bottom line.
Previous Quarter Performance
AAON, Inc. announced income for the second quarter of $ 0.34 per share, from the revenue of $ 125.60 million. The quarterly earnings 36.00 percent while revenues improved 5.16 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.37 per share from $ 134.08 million in revenue. The bottom line results missed street analysts by $ 0.03 or 8.11 percent, at the same time, top line results fell short of analysts by $ 8.48 million or 6.32 percent.
Stock Performance
Shares of AAON, Inc. traded low $ -0.96 or -1.58 percent on Wednesday, reaching $ 59.66 with volume of 150.20 thousand shares. AAON, Inc. has traded high as $ 60.37 and has cracked $ 58.28 on the downward trend
The closing price of $ 59.66, representing a 49.75 % increase from the 52 week low of $ 40.48 and a 7.72 % decrease over the 52 week high of $ 65.69.
The company has a market capital of $ 3.12 billion and is part of the Industrial Goods sector and General Building Materials industry.
Conference Call
AAON, Inc. will be hosting a conference call at 4:15 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.aaon.com
AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. It offers rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, self-contained units, and coils. The company markets and sells its products to retail, manufacturing, educational, lodging, supermarket, medical, and other commercial industries.
