BUZZ- AAON surges on Q1 sales beat, forecast raise
AAON, Inc.
AAON, Inc. AAON | 0.00 |
** Shares of air conditioning and heating equipment maker AAON AAON.O jump 44.5% to $143 premarket
** Q1 sales of $496.9 mln beat analysts' estimate of $381.1 mln - data compiled by LSEG
** Sales growth was driven by strong demand across both AAON and BASX brands, increased production throughout and expanded capacity, company says
** Company raises 2026 sales growth forecast to 40%-45%, from 18%-20% projected earlier
** All six brokerages covering the stock rate it "buy" or higher; median PT is $120 - data compiled by LSEG
** Up to last close, shares up more than 28% this year
