Park Ohio Holdings Corp reports results for the quarter ended in March - Earnings Summary

Park Ohio Holdings

04/05/2023 24:22

* Park Ohio Holdings Corp  PKOH.OQ  reported quarterly
adjusted
earnings of 72 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 54 cents per share.
    * Revenue rose 1.2% to $423.50 million from a year ago;
analysts
expected $395.75 million. 
    * Park Ohio Holdings Corp's reported EPS for the quarter was
47
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Park Ohio Holdings Corp shares had risen by 7.6% this
quarter and gained 6.3% so far this year.
    * The company reported quarterly net income of $5.8 million.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
3 at 11:22 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.54           0.72           Beat
 Dec. 31 2022      0.46           -0.09          Missed
 Sep. 30 2022      0.44           0.52           Beat
 Jun. 30 2022      0.26           0.21           Missed