AAON Reports Record Revenue and Earnings for 2016 Despite a Slump in Fourth Quarter Results

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AAON, Inc. (AAON) Misses Q4 EPS by 4c

February 23, 2017 7:02 AM EST

AAON, Inc. (NASDAQ: AAON) reported Q4 EPS of $0.21, $0.04 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $91.7 million versus the consensus estimate of $100.08 million.

Norman H. Asbjornson, CEO, stated, We believe the sales rate slowed in the fourth quarter as our customers paused to await and absorb the November election results and the impact they could have on the business environment. In addition, we witnessed a decided shift... More