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Is AAON (AAON) Stock Outpacing Its Construction Peers This Year?
ZACKS· 2024-09-09 14:40
For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Aaon (AAON) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Aaon is a member of the Construction sector. This group includes 91 individual stocks and currently holds a Zacks Sector Rank of #2. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks R ...
AAON Unveils Delta Class: The Future of Energy-Efficient DOAS Technology
ZACKS· 2024-09-04 18:15
In order to meet evolving industry regulations and increasing energy efficiency demands, AAON, Inc. (AAON) launched Delta Class, the next evolution in Dedicated Outdoor Air System (DOAS) technology.AAON has been at the forefront of DOAS technology since its founding in 1988, which consistently delivers premium quality, high-efficiency equipment. Delta Class represents decades of expertise and continuous improvement in fresh air solutions for diverse environments.Delta Class features variable capacity compre ...
AAON Launches Delta Class, The Next Evolution in DOAS Technology
Prnewswire· 2024-09-03 12:00
Core Viewpoint - AAON, Inc. has launched Delta Class, an advanced Dedicated Outdoor Air System (DOAS) technology, emphasizing its commitment to innovation, efficiency, and sustainability in response to evolving industry regulations and increasing energy efficiency demands [1][2]. Group 1: Product Features and Innovations - Delta Class incorporates features such as variable capacity compressors, modulating reheat, 100% outdoor air dampers, and advanced energy recovery systems, designed to meet the complex needs of high-occupancy spaces [2][3]. - The compact and efficient design of Delta Class aims to reduce carbon footprint while providing high-quality air solutions for various environments, including schools, fitness centers, and restaurants [2][3]. Group 2: Company Background and Commitment - Founded in 1988, AAON has established itself as a leader in high-performance HVAC solutions, consistently delivering premium, high-efficiency equipment [1][4]. - The company has a strong culture focused on lifecycle cost and high efficiency, ensuring fresh and clean air across diverse building types since the introduction of DOAS technology [2][4]. - AAON's state-of-the-art testing laboratory, the Norman Asbjornson Innovation Center (NAIC), rigorously tests Delta Class units to ensure they meet high performance and reliability standards [3].
Is AAON (AAON) Outperforming Other Construction Stocks This Year?
ZACKS· 2024-08-22 14:46
For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Aaon (AAON) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.Aaon is a member of our Construction group, which includes 91 different companies and currently sits at #2 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of o ...
HVAC Manufacturer AAON A Growth Stock For Longer-Term Investors
Seeking Alpha· 2024-08-18 15:10
owngarden/E+ via Getty Images Investment thesis The earnings of HVAC company AAON, Inc. (NASDAQ:AAON) took off in the third quarter of 2022 and are expected to climb even more in 2025 and 2026. This 10-year chart shows its diluted and normalized EPS history through June 2024: AAON earnings history chart (Seeking Alpha) After a relatively flat 2024, earnings are expected to rise 23.06% in 2025 and 24.19% in 2026. In common with Wall Street analysts, I have a $99.00 one-year price target and have rated AA ...
Are Construction Stocks Lagging AAON (AAON) This Year?
ZACKS· 2024-08-06 14:41
For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Aaon (AAON) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Aaon is a member of the Construction sector. This group includes 91 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within ...
AAON(AAON) - 2024 Q2 - Earnings Call Transcript
2024-08-03 22:00
AAON, Inc. (NASDAQ:AAON) Q2 2024 Results Conference Call August 1, 2024 5:15 PM ET Company Participants Joe Mondillo - Director of IR Gary Fields - President and CEO Rebecca Thompson - CFO and Treasurer Matt Tobolski - President and COO Conference Call Participants Chris Moore - CJS Securities Ryan Merkel - William Blair Brent Thielman - D.A. Davidson Timothy Wojs - Baird Jon Braatz - Kansas City Capital Operator Good afternoon, ladies and gentlemen, and welcome to the AAON, Inc. Second Quarter of 2024 Earn ...
Aaon (AAON) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-01 22:36
Aaon (AAON) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.81%. A quarter ago, it was expected that this maker of air conditioning and heating equipment would post earnings of $0.53 per share when it actually produced earnings of $0.46, delivering a surprise of -13.21%.Over the la ...
AAON(AAON) - 2024 Q2 - Quarterly Report
2024-08-01 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________________ to ____________________ Commission file number: 0-18953 AAON, INC. (Exact name of registrant as specified in its charter) Nevada 87-0448736 (State or ...
AAON(AAON) - 2024 Q2 - Quarterly Results
2024-08-01 20:10
Exhibit 99.1 1 AAON REPORTS RECORD SALES, EARNINGS & BACKLOG FOR THE SECOND QUARTER OF 2024 TULSA, OK, August 1, 2024 - AAON, INC. (NASDAQ-AAON), a provider of premier, configurable HVAC solutions that bring long-term value to customers and owners, today announced its results for the second quarter of 2024. Net sales for the second quarter of 2024 increased 10.4% to a record $313.6 million from $284.0 million in the second quarter of 2023. The year-over-year increase was largely driven by the BASX segment, ...