Park-Ohio reports Q1 adjusted EPS 66c, consensus 83c

Reports Q1 revenue $405.4M, consensus $425.5M. “Our first quarter results demonstrated the strength of our diversity in products, end markets and geographies. While revenue slightly underperformed our expectations, we saw the beginning of a rebound in our Engineered Products Group, which we anticipate will continue through 2025 and beyond. While our forecast takes into account the impact of tariffs and any resulting demand softening in our end markets, it is important to note that many of our products are made for the region in which we manufacture and sell. Where tariffs do apply, we expect to offset those costs through supply chain and commercial solutions. Additionally, we have seen early signs that several of our businesses in North America will likely benefit from the shifting supply chains of our customers,” said Matthew V. Crawford, Chairman and CEO.