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Park Electrochemical Corp (PKE)
NYSE:PKE
Earnings Data
Report Date
May 07, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.06Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a predominantly positive strategic and financial picture: solid Q3 profitability and margins, a strong cash position with no long-term debt, and multiple large secular demand drivers (GE/CFM engine programs and urgent missile replenishment). Management is proactively investing in capacity (new plant, joint funding with Arian) and filed an S‑3 to preserve optionality for a $50M offering. The main near-term negatives are timing and margin effects related to elevated low‑margin C2B fabric sales in Q4, re‑emerging supply‑chain and misshipment issues (~$740k), and execution/timing risks tied to the $50M plant build and program qualification. Overall, the highlights (growth opportunities, strong margins, cash/debt profile, sole-source positions and strategic expansion plans) outweigh the operational timing and execution lowlights.Company Guidance
Q3 Financial Results — Revenue and Profitability
Q3 sales of $17,333,000; gross profit $5,003,000 and gross margin 34.1%; adjusted EBITDA $4,228,000 with an adjusted EBITDA margin of 24.4%. Company came in within its Q3 sales estimate ($16.5M–$17.5M) and slightly above its adjusted EBITDA estimate ($3.7M–$4.1M).
Strong Balance Sheet and Capital Returns
Cash of $63,600,000 at end of Q3, zero long-term debt, 41 consecutive years of quarterly cash dividends and ~ $608.6M paid in cash dividends since 2005.
Buyback Activity
Board authorized repurchase of 1,500,000 shares; Park repurchased 718,000 shares at an average price of $12.94.
GE Aerospace / A320neo Opportunity (Juggernaut)
Park highlights significant long-term upside from GE/CFM LEAP programs: Q3 GE-related sales $7.5M; FY backlog-related estimate ~$29.0M–$29.5M; Airbus targeting A320neo family delivery rate of 75/month by 2027 (a ~50% increase) and LEAP 1A market share ~64.5%, supporting multi-year demand for Park nacelle and engine-related materials.
Missile/Military Demand Upside (Patriot and Others)
Urgent, multi-year replenishment demand for Patriot and other missile systems driven by recent conflicts and DoD actions (e.g., Lockheed $9.8B Patriot-related award). Park is sole-source qualified for specialty ablative materials on PAC-3 and has been asked to increase expected output materially.
Strategic Partnerships and Near-Term Orders
Partnership with Arian Group (Safran/Airbus JV) for proprietary C2B fabric: Park advanced €4,587,000 to Arian to expand European C2B capacity; joint €50,000 study on potential U.S. C2B manufacturing capacity (expense expected in Q4).
Committed Capacity Expansion — New Plant
Announced plan for a new ~120,000 sq ft integrated composite materials plant with estimated capital budget of ~$50,000,000 designed to roughly double current composite materials capacity; target completion H2 calendar 2027 and initial operational production H2 calendar 2028.
Long-Term Materials Outlook
Park's conservative 'known-items' outlook targets approximately $200,000,000 in composite materials sales by the target year (discussed as fiscal '31), with preliminary company estimates of park manufacturing capacity in normal/expanded states ranging from ~$220M to ~$260M sales (max ~ $315–320M).
Liquidity and Financing Optionality
Filed S-3 registration and announced a potential at-the-market $50,000,000 public offering to replenish a portion of the plant capex and preserve the ability to exploit rapid opportunities; management says the new plant is not dependent on the offering and will be funded with cash/cash flow as needed.
Tariffs and Pricing Pass-Through
Minimal near-term tariff impact in Q3; management states Park prices short-term and can largely pass tariffs through to customers, reducing near-term margin risk from tariff volatility.
PKE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PKE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 13, 2026 | $23.27 | $25.50 | +9.58% |
Oct 09, 2025 | $20.69 | $19.59 | -5.29% |
Jul 15, 2025 | $15.33 | $17.10 | +11.53% |
May 15, 2025 | $13.56 | $13.72 | +1.23% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Park Electrochemical Corp (PKE) report earnings?
Park Electrochemical Corp (PKE) is schdueled to report earning on May 07, 2026, Before Open (Confirmed).
What is Park Electrochemical Corp (PKE) earnings time?
Park Electrochemical Corp (PKE) earnings time is at May 07, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PKE EPS forecast?
Currently, no data Available