AAON Inc. (AAON)

AAON Inc (AAON) stock plummeted by 13.74% due to reporting quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.53 per share, marking an earnings surprise of -13.21%. This compares to earnings of $0.45 per share a year ago, adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Aaon, part of the Zacks Building Products - Air Conditioner and Heating industry, posted revenues of $262.1 million for the quarter ended March 2024, missing the Zacks Consensus Estimate by 7.90%. The company has not been able to beat consensus revenue estimates over the last four quarters.

AAON's dividend payout ratio of 0.5% is lower than the top 25% of dividend-paying companies in the US market, which is 5.13%. Additionally, the company's gross margin has decreased to 29.0% from Q4 2022.

https://finance.yahoo.com/news/aaon-reports-record-sales-backlog-200100464.html