Aaon (AAON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
AAON, Inc. NASDAQ: AAON, a Tulsa-based HVAC manufacturer, recently announced a 25% increase in its quarterly dividend and a new $30 million share repurchase program. These strategic financial decisions come at a time of market uncertainty and appear designed to enhance shareholder value.
Teaser: AMRC, DH and AAON have been added to the Zacks Rank #5 (Strong Sell) List on March 4, 2025.
AAON Inc.'s shares fell 23% due to poor earnings, with 2024 marked by challenges and a richly priced valuation that underestimates risks. Sales fell 2.9% in FY 2024, primarily due to a refrigerant transition in the Oklahoma segment, severely impacting margins and profitability. Despite a strong balance sheet, AAON's high capex and potential prolonged refrigerant transition pose significant risks, making the stock overvalued at 27.1x forward earnings.
AAON, Inc. (NASDAQ:AAON ) Q4 2024 Earnings Conference Call February 27, 2024 9:00 AM ET Company Participants Gary Fields - CEO Matt Tobolski - President and COO Rebecca Thompson - CFO Joseph Mondillo - Director, IR Conference Call Participants Ryan Merkel - William Blair Chris Moore - CJS Securities Brent Thielman - D.A. Davidson Alex Hantman - Sidoti & Company Timothy Wojs - Baird Operator Good afternoon, ladies and gentlemen, and welcome to the AAON, Inc. Fourth Quarter 2024 Earnings Conference Call.
Aaon (AAON) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.56 per share a year ago.
Aaon (AAON) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
The Zacks Building Products - Air Conditioner & Heating industry stocks like FIX, AAON and AZEK are likely to benefit from pro-environmental moves and technological development.
AAON's recent growth is driven by AI-led demand in data centres, significantly boosting operating margins and free cash flow. The company's capital efficiency, with high returns on invested capital and low reinvestment needs, results in substantial cash generation. The risk reward/calculus remains skewed in our favour checked against growth and business returns.
Start Time: 17:15 January 1, 0000 6:02 PM ET AAON, Inc. (NASDAQ:AAON ) Q3 2024 Earnings Call November 07, 2024, 17:15 PM ET Company Participants Gary Fields - CEO Matt Tobolski - President and COO Rebecca Thompson - CFO and Treasurer. Joseph Mondillo - Director, IR Conference Call Participants Ryan Merkel - William Blair Chris Moore - CJS Securities Brent Thielman - D.A.
Aaon (AAON) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.64 per share a year ago.
Investors need to pay close attention to AAON (AAON) stock based on the movements in the options market lately.