Update: AAON's Shares Fall Sharply After Q4 Adjusted Earnings, Revenue Fall

MT Newswires Live

02/28

(Updates with the latest stock movement in the first paragraph and headline.)

AAON (AAON) shares were down over 17% in recent Thursday trading after the company reported lower Q4 results that missed analysts' expectations.

The company reported Q4 adjusted earnings Thursday of $0.30 per diluted share, down from $0.56 a year earlier.

Analysts polled by FactSet expected $0.53.

Revenue for the quarter ended Dec. 31 was $297.7 million, compared with $306.6 million a year earlier.

Analysts surveyed by FactSet expected $320.5 million.

Price: 84.42, Change: -17.60, Percent Change: -17.25

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