AAON · PEAD ↓ 61

AAON reported Q2 2026 EPS of $0.69 on 2026-08-10, beating the $0.52 consensus by $0.17 (+32.7%).

Print-day reaction was −5.9% versus the prior close, a sharp negative response despite the substantial EPS beat. The overnight gap recovered modestly, with the stock opening +2.0% above the prior close on T+1, suggesting brief stabilisation after-hours. Days 1–3 drift added another +2.2%, a mild continuation of the overnight bounce, though it was insufficient to recoup the print-day loss. Cumulative abnormal return of −8.1% versus SPY.US firmly places this in PEAD short territory; the drift confirms the initial negative reaction, and the holding window runs through 2026-11-05.