Park-Ohio Holdings (PKOH)
NASDAQ:PKOH
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Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.82Last Year’s EPS
0.75Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated broad-based, modest top-line growth (+4% consolidated sales) with margin improvement (gross margin +50 bps) and notable strength in Engineered Products (sales up, bookings +15%, backlog +9%). The company reaffirmed growth guidance and highlighted investments (automation, distribution center) expected to improve future margins, while maintaining strong liquidity (~$200M). Key negatives are the ongoing drag from Southwest Steel (strategic review, FY loss impact), higher SG&A and interest costs, and a Q1 use of operating cash to fund working capital. On balance the positives (diverse end-market demand, backlog/bookings strength, margin progress, reaffirmed guidance, and liquidity) outweigh the challenges, though the Southwest Steel issue and near-term cash consumption are meaningful items to monitor.Company Guidance
Consolidated Sales Growth
Net sales of $421.0M in Q1 FY2026 vs $405.0M a year ago, up 4% year-over-year; sales growth reported across all three segments and sequentially.
Gross Margin and Operating Income Improvement
Consolidated gross margin was 17.3%, up 50 basis points year-over-year. Adjusted consolidated operating income was $21M (excluding ~$1M restructuring/special charges), up 6% versus prior year; sequential adjusted operating income up 4% vs Q4.
Engineered Products Strength
Engineered Products sales of $126M, up 4% YoY and 8% sequentially (highest quarterly level in recent years). Adjusted operating income improved 35% YoY to $6.2M and increased ~$3.6M sequentially. New equipment bookings ~$62M in the quarter, up 15% vs last year average; backlog grew to $196M, +9% QoQ.
Supply Technologies Momentum
Supply Technologies sales $195M, up 4% YoY. Supply chain business demand from semiconductor/technology/data center sectors increased ~13% YoY; aerospace & defense demand up ~15% YoY. Fastener manufacturing sales grew 18% sequentially. Adjusted operating margins remained historically strong at ~9%.
Assembly Components Sequential Improvement
Assembly Components sales $100M, up 3% YoY. Sequentially, sales increased ~10% and adjusted operating income increased 23% vs Q4, benefiting from new program launches and higher OE demand.
Reaffirmed Full-Year Guidance
Full-year guidance reaffirmed: net sales $1.675B–$1.710B (+5% to +7% vs prior year), adjusted EPS $2.90–$3.20 (+7% to +19%), EBITDA 8%–9% of sales, and free cash flow $20M–$30M. Guidance includes Southwest Steel assumptions.
Improved Tax Rate and Strong Liquidity
Effective tax rate improved to 17% (from 20% prior year) driven by higher estimated federal R&D tax credits; liquidity totaled ~$200M at quarter-end (≈$47M cash + $153M unused borrowing capacity).
Capital Investment and Operational Initiatives
Q1 CapEx of $12.5M (information systems, automation, growth capital); full-year CapEx expected ~$35M. New North American distribution center on track for Q3 operation; multi-year investments in automation/IT expected to drive margin improvements (notably starting in 2027).
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
PKOH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $30.24 | $30.84 | +1.98% |
Mar 04, 2026 | $26.52 | $27.70 | +4.43% |
Nov 05, 2025 | $20.74 | $18.89 | -8.92% |
Aug 06, 2025 | $15.74 | $17.72 | +12.57% |
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-Ohio Holdings (PKOH) report earnings?
Park-Ohio Holdings (PKOH) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).
What is Park-Ohio Holdings (PKOH) earnings time?
Park-Ohio Holdings (PKOH) earnings time is at Aug 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is PKOH EPS forecast?
PKOH EPS forecast for the fiscal quarter 2026 (Q2) is 0.82.