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Park-Ohio Holdings (PKOH)
NASDAQ:PKOH
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.84Last Year’s EPS
0.85Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: -18.46%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view of Park-Ohio's performance in 2024, highlighting record gross margins, strong proprietary fastener manufacturing growth, and a successful year for the Supply Technologies segment. However, challenges were noted in the Assembly Components and Engineered Products segments, alongside increased SG&A expenses and rising interest costs. The impact of tariffs also presents a future challenge, although management is actively working on mitigation strategies.Company Guidance
In the Park-Ohio Holdings Corp. fourth quarter and full year 2024 results conference call, the company provided guidance indicating expectations for revenue growth in 2025, driven by stable demand across most end markets compared to 2024. Key financial metrics from 2024 included consolidated net sales of approximately $1.7 billion, matching 2023's record revenues. The company reported an 18% increase in GAAP earnings per share to $3.19, with adjusted earnings per share up 17% to $3.59 year-over-year. Gross margins improved by 60 basis points to 17% of net sales, and EBITDA rose to $152 million, a 13% increase from 2023. The company expects year-over-year improvement in adjusted operating income, net income, EBITDA, and free cash flow for 2025, alongside an effective tax rate of 21% to 23%, up from 11% in 2024.Record Gross Margin Levels
The company improved and reached record levels of gross margin in 2024, which improved 60 basis points to 17% of net sales compared to the previous year.
Strong Cash Flow Performance
While not meeting internal goals, cash flow performance was solid with operating cash flow generated during the year at $35 million and free cash flow at $15 million.
Proprietary Fastener Manufacturing Growth
Proprietary fastener manufacturing business saw record levels with sales increasing more than 10% year-over-year.
Positive Earnings Per Share Growth
GAAP earnings per share increased 18% to $3.19 per diluted share, and adjusted earnings per share improved 17% to $3.59 per share year-over-year.
Supply Technologies Segment Success
Net sales for the full year in Supply Technologies reached a record $779 million, driven by a 21% increase in aerospace and defense demand.
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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 |
|---|---|---|---|
| Mar 05, 2025 | $22.80 | $23.62 | +3.60% |
| Nov 06, 2024 | $33.10 | $31.73 | -4.14% |
| Aug 07, 2024 | $26.13 | $27.60 | +5.63% |
| Apr 29, 2024 | $24.13 | $25.08 | +3.94% |
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 May 06, 2025, TBA Not Confirmed.
What is Park-Ohio Holdings (PKOH) earnings time?
Park-Ohio Holdings (PKOH) earnings time is at May 06, 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 2025 (Q1) is 0.84.
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