Park Ohio Holdings Corp expected to post earnings of 45 cents a share - Earnings Preview

Park Ohio Holdings

02/08/2021 13:31

* Park Ohio Holdings Corp  PKOH.OQ   PKOH.O  is expected to show
a rise in quarterly revenue when it reports results on August
4. 
* The Cleveland, Ohio-based company is expected to report   a
54.6% increase in revenue to $352.9 million from $228.3 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Park Ohio Holdings Corp
is for earnings of 45 cents per share. For the same quarter last
year, the company reported a loss of $1.17 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had risen by about 0.5%
in the last three months. ​
* Wall Street's median 12-month price target for Park Ohio
Holdings Corp is $42.5​, about 31.6% above​ its last closing
price of $29.09. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.34        0.34       0.53      Beat    56.7
 Dec. 31 2020  0.50        0.43       0.53      Beat    22.3
 Sep. 30 2020  0.07        0.03       0.52      Beat    1,633.
                                                        3​
 Jun. 30 2020  -0.95       -0.96      -1.17     Missed  -22.3
 Mar.          0.59​       0.57       0.13      Missed  -77.2​
 31​ 2020​                                              
 Dec. 31 2019  0.94        1.00       0.65      Missed  -35​
 Sep. 30 2019  1.14        1.13       1.01      Missed  -10.8
 Jun. 30 2019  1.05        1.07       1.07      Met     -0.2
 This summary was machine generated August 2 at 12:31 GMT.  All
figures in US dollars unless otherwise stated