earnings
confidence high
sentiment positive
materiality 0.75
Park-Ohio Q3 adj EPS $1.07 (+8% YoY); guides FY EBITDA ~$150M, up 12%
PARK OHIO HOLDINGS CORP
2024-Q3 EPS reported
$2.40
revenue$1,267,800,000
- Q3 net sales $418M (flat YoY); gross margin improved 60bps to 17.3%.
- Supply Technologies operating income +31% to $20.5M; record margin 10.5%.
- Adjusted EPS $1.07 vs $0.99 YoY; GAAP EPS $1.02.
- Debt repayments $23M; liquidity $194M (+21% QoQ).
- FY outlook: revenue up 1-2% vs record 2023; adj EPS >10% YoY; EBITDA ~$150M.