TULSA, Okla. (AP) — TULSA, Okla. (AP) — AAON Inc. (AAON) on Monday reported third-quarter profit of $69 million.
The Tulsa, Oklahoma-based company said it had net income of 83 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The maker of air conditioning and heating equipment posted revenue of $707.4 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $598 million.
Aaon shares have declined 17% since the beginning of the year. In the final minutes of trading on Monday, shares hit $63.18, a drop of 40% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AAON at https://www.zacks.com/ap/AAON
