AAON (Nasdaq: AAON) reported earnings on May 8. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), AAON met expectations on revenues and missed estimates on earnings per share.

Compared with the prior-year quarter, revenue expanded and GAAP earnings per share improved significantly.

Margins grew across the board.

Revenue details
AAON chalked up revenue of $65.0 million. The two analysts polled by S&P Capital IQ wanted to see a top line of $65.6 million on the same basis. GAAP reported sales were 8.4% higher than the prior-year quarter's $59.9 million.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.18. The two earnings estimates compiled by S&P Capital IQ averaged $0.19 per share. GAAP EPS of $0.18 for Q1 were 20% higher than the prior-year quarter's $0.15 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 20.8%, 140 basis points better than the prior-year quarter. Operating margin was 11.6%, 140 basis points better than the prior-year quarter. Net margin was 7.0%, 90 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $72.5 million. On the bottom line, the average EPS estimate is $0.23.

Next year's average estimate for revenue is $286.4 million. The average EPS estimate is $0.83.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 271 members out of 284 rating the stock outperform, and 13 members rating it underperform. Among 84 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 84 give AAON a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on AAON is hold, with an average price target of $17.00.

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