Park-Ohio Q2 revenue misses estimates

Park Ohio Holdings

06/08/2025 22:00

Overview

Park-Ohio Q2 revenue missed analyst expectations, per LSEG data

Adjusted EPS rose 14% from Q1 2025, reflecting operational improvements

Co completed refinancing of $350 mln senior notes, enhancing liquidity

Outlook

Park-Ohio forecasts 2025 net sales of $1.620 bln to $1.650 bln

Company expects 2025 adjusted EPS of $2.90 to $3.20 per share

Park-Ohio sees 2025 free cash flow improving to $20 mln-$30 mln

Company anticipates $65 mln free cash flow in H2 2025

Result Drivers

ENGINEERED PRODUCTS - Record $85 mln bookings in capital equipment, backlog increased to $172 mln

SUPPLY TECHNOLOGIES - Sales driven by reshoring trends and steady growth in Europe

ASSEMBLY COMPONENTS - Sales decline due to lower volumes and delays in OEM platform launches

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Miss
$400.10 mln
$405.40 mln (2 Analysts)
Q2 Adjusted EPS from Cont Ops
$0.75
Q2 EPS from Cont Ops
$0.67


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nBw8RXxCva

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)