Aaon Inc is a leading manufacturer that specializes in designing and producing high-quality, energy-efficient heating, ventilation, and air conditioning (HVAC) equipment
The company focuses on providing innovative solutions for a variety of applications, including commercial and industrial settings, by offering a range of products such as rooftop units, chillers, and custom-engineered indoor air handling systems. Committed to sustainability and performance, Aaon Inc emphasizes engineering excellence and customer service, making it a significant player in the HVAC industry.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the hvac and water systems industry, including Advanced Drainage (NYSEWMS) and its peers.
What a time it’s been for AAON. In the past six months alone, the company’s stock price has increased by a massive 45.4%, reaching $123.44 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how hvac and water systems stocks fared in Q3, starting with Lennox (NYSELII).
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how AAON (NASDAQAAON) and the rest of the hvac and water systems stocks fared in Q3.
Heating and cooling solutions company AAON (NASDAQAAON) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 4.9% year on year to $327.3 million. Its GAAP profit of $0.63 per share was also 10% above analysts’ consensus estimates.
Shares of AAON, Inc. (NASDAQAAON) traded at a new 52-week high today and are currently trading at $89.93. So far today, approximately 85,619 shares have been exchanged, as compared to an average 30-day volume of 350.12k shares.
