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Park-Ohio Holdings (PKOH)
NASDAQ:PKOH
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Earnings Data
Report Date
Mar 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.62Last Year’s EPS
0.54Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 05, 2018
|% Change Since: -24.98%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment. While there are significant achievements in margin improvement and debt reduction, revenue remained flat, and profitability declined in some segments. However, the company shows optimism for future growth.Company Guidance
During the Park-Ohio Third Quarter 2024 Earnings Call, the company provided several key metrics and insights into their financial performance and strategic initiatives. Park-Ohio reported consolidated net sales of $418 million, remaining largely flat compared to $419 million the previous year. They achieved a 60 basis point improvement in gross margin year-over-year, reaching 17.3% in Q3. Adjusted earnings per share increased by 8% to $1.07, while EBITDA for the quarter was $39 million, maintaining a margin of 9.2%. The company repaid over $23 million of debt, enhancing liquidity by 21% to $194 million. Park-Ohio anticipates full-year EBITDA to be approximately $150 million, reflecting a 12% increase compared to $134 million last year. Additionally, the company plans to continue managing expenses and improving productivity, particularly within the automotive and forging businesses, as they prepare for growth in 2025.Strong Margin Improvement
Gross margin improved by 60 basis points year-over-year to 17.3%. Year-to-date gross margin increased 80 basis points to 17.1% compared to last year.
Debt Reduction and Increased Liquidity
The company repaid $23 million of debt and increased liquidity by 21% from the second quarter, totaling $194 million.
Record Operating Income in Supply Technologies
Operating income in the Supply Technologies segment reached an all-time record of $20.5 million, marking a 31% increase year-over-year.
Year-Over-Year Sales Growth in Key Segments
Sales grew in 2 of the 3 business segments, with notable growth in the fastener manufacturing and industrial equipment businesses.
Positive Earnings Growth
GAAP earnings per share increased by 3%, and adjusted earnings per share grew by 8% compared to the prior year.
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PKOH 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
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PKOH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $33.26 | $31.89 | -4.12% |
| Aug 07, 2024 | $26.26 | $27.73 | +5.60% |
| Apr 29, 2024 | $24.25 | $25.20 | +3.92% |
| Mar 05, 2024 | $25.53 | $23.76 | -6.93% |
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.
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FAQ
When does Park-Ohio Holdings (PKOH) report earnings?
Park-Ohio Holdings (PKOH) is schdueled to report earning on Mar 12, 2025, TBA Not Confirmed.
What is Park-Ohio Holdings (PKOH) earnings time?
Park-Ohio Holdings (PKOH) earnings time is at Mar 12, 2025, TBA Not 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 PKOH EPS forecast?
PKOH EPS forecast for the fiscal quarter 2024 (Q4) is 0.62.
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