Q2 Earnings Roundup: AAON (NASDAQ:AAON) And The Rest Of The HVAC and Water Systems Segment [Yahoo! Finance]
AAON, Inc. (AAON)
Last aaon, inc. earnings: 2/27 07:00 am
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US:NASDAQ Investor Relations:
aaon.com/investors
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Source: Yahoo! Finance
Many HVAC and water systems companies sell essential, non-discretionary infrastructure for buildings. Since the useful lives of these water heaters and vents are fairly standard, these companies have a portion of predictable replacement revenue. In the last decade, trends in energy efficiency and clean water are driving innovation that is leading to incremental demand. On the other hand, new installations for these companies are at the whim of residential and commercial construction volumes, which tend to be cyclical and can be impacted heavily by economic factors such as interest rates. The 8 hvac and water systems stocks we track reported a strong Q2. As a group, revenues beat analysts' consensus estimates by 2.3%. Inflation progressed towards the Fed's 2% goal at the end of 2023, leading to strong stock market performance. On the other hand, 2024 has been a bumpier ride as the market switches between optimism and pessimism around rate cuts and inflation. However, hvac and wate
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AAON
News
- AAON To Present At UBS Global Industrials & Transportation Conference On December 4, 2024PR Newswire
- AAON Leverages Strategic Partnerships to Tackle DOE Challenge with ConfidencePR Newswire
- Reflecting On HVAC and Water Systems Stocks' Q3 Earnings: AAON (NASDAQ:AAON) [Yahoo! Finance]Yahoo! Finance
- Company to bring over 800 skilled jobs to Memphis [Yahoo! Finance]Yahoo! Finance
- AAON Announces Expansion Plans to Increase Production Capacity With New Facility In Memphis, TennesseePR Newswire
AAON
Earnings
- 11/7/24 - Beat
AAON
Sec Filings
- 11/20/24 - Form 4
- 11/18/24 - Form 4
- 11/18/24 - Form 144
- AAON's page on the SEC website