Park-Ohio reports Q3 EPS 65c, two estimates $0.83

Reports Q3 revenue $399M, two estimates $417.3M. “Our third quarter results reflected solid execution and good cash flow during a mixed but stable industrial environment,” said Matthew V. Crawford, Chairman and Chief Executive Officer. “Revenue and EBITDA were consistent sequentially, margin remained resilient, and cash flow continues to improve meaningfully in the back half of the year. Demand trends from several of our end markets – particularly electrical, semiconductor, heavy-duty truck and defense – remain encouraging. New business launches and backlog combined with record bookings in Engineered Products provide good visibility into 2026. While interest expense from our refinancing modestly impacted earnings, this action strengthened our balance sheet and will help us to complete our transformation into a higher growth, higher margin more predictable company.”