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Aaon (AAON) Stock Jumps 5.6%: Will It Continue to Soar?
AAONAAON(AAON) ZACKS·2025-01-31 13:41

Company Overview - Aaon (AAON) shares increased by 5.6% to close at 116.60,followingaperiodof6.2116.60, following a period of 6.2% loss over the past four weeks, indicating a significant recovery in investor sentiment [1] - The company specializes in commercial and industrial HVAC solutions, benefiting from favorable demand trends for data center equipment and a focus on engineered solutions [2] Financial Performance - Aaon is expected to report quarterly earnings of 0.54 per share, reflecting a year-over-year decrease of 3.6%, while revenues are projected to be 326.4million,anincreaseof6.4326.4 million, an increase of 6.4% from the previous year [3] - The consensus EPS estimate for Aaon has remained unchanged over the last 30 days, suggesting stability in earnings expectations [4] Industry Context - Aaon operates within the Zacks Building Products - Air Conditioner and Heating industry, where another company, Watsco (WSO), reported a 0.5% increase in shares, closing at 484.31, with a 1.7% return over the past month [4] - Watsco's consensus EPS estimate has increased by 0.2% to $2.13, representing a year-over-year change of 3.4%, and it currently holds a Zacks Rank of 2 (Buy) [5]