Park-Ohio Holdings

Park-Ohio Holdings Corp. provides supply chain logistics services and manufactures aluminum products. It operates through the following business segments: Supply Technologies, Assembly Components, and Engineered Products. The Supply Technologies segment provides customers with total supply management services for a broad range of high volume, specialty production components. The Assembly Components segment manufactures cast aluminum components, automotive and industrial rubber and thermoplastic products, fuel filler and hydraulic assemblies for automotive, agricultural equipment, construction equipment, heavy duty truck and marine equipment industries. It also provides value-added services such as design and engineering, machining and assembly. The Engineered Products segment operates a diverse group of niche manufacturing businesses that design and manufacture a broad range of high quality products engineered for specific customer applications. The company was founded in 1907 and is headquartered in Cleveland, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Park-Ohio Holdings (PKOH) posts stellar 2022 results, eyes growth amid challenges

Park-Ohio Holdings delivered robust financial results in 2022, with significant revenue growth and improved profitability. Strategic investments in key areas and a focus on operational efficiency position the company well for future growth. Challenges include potential divestiture and managing external factors like inflation and government spending.

Park-Ohio Holdings posts record revenue and margins, eyes growth opportunities

Park-Ohio Holdings reported strong financial performance with record revenue and improved margins, despite facing challenges from supply chain disruptions and inflation.
The company remains optimistic about future growth, expecting increased revenue, operating income, EBITDA, free cash flow, and adjusted EPS.
Ongoing discussions for a potential sale of General Aluminum and investments in the business reflect strategic decisions to enhance long-term value.

ParkOhio reports record revenue and strong financial performance in Q2

ParkOhio delivered a strong performance in Q2, achieving record revenue and notable improvements in key financial metrics, supported by a resilient business model.
While facing challenges such as capacity constraints and market dynamics, the company remains focused on leveraging opportunities for growth and operational efficiency.
With a strategic capital allocation approach and a commitment to customer relationships, ParkOhio is poised to navigate challenges and capitalize on market opportunities for sustained success.

Park-Ohio Holdings reports record revenue and operational strength in Q3

Park-Ohio Holdings delivered strong financial performance in Q3 2023, with record revenue, increased operating income, and robust free cash flow.
While facing challenges such as labor strikes and an inflationary market, the company maintains a proactive stance towards financial management and growth opportunities.
Strategic acquisitions, margin improvements, and prudent cash flow management are key focus areas for driving long-term success and resilience.

Park-Ohio Holdings reports robust 2023 performance, eyes strategic growth opportunities

Park-Ohio Holdings delivered strong financial performance in 2023, leveraging cash flows to reduce debt and achieve record sales, while focusing on cost efficiency.
The company's strategic approach to acquisitions and emphasis on operational enhancements position it well for sustainable growth and value creation.
Challenges lie in navigating a slower revenue growth environment in 2024, requiring continued focus on cost reduction and operational optimization.

Park-Ohio Holdings excels in Q1 with record margins and strategic growth

Park-Ohio Holdings reported a strong performance in Q1 2024, with improved margins, record operating income in key segments, and positive results across various financial metrics. While facing challenges in replicating success and driving operational improvements, the company is poised for growth supported by stable demand, strategic initiatives, and the acquisition of EMA GmbH. Analyst inquiries highlighted areas for potential growth and optimization.

Park-Ohio Holdings reports stable Q3 performance and outlines growth strategies

Park-Ohio Holdings demonstrated resilience with stable demand, margin growth, and debt reduction initiatives in Q3 2024.
While facing sales challenges in certain segments, the company's focus on operational efficiency and strategic investments bode well for future growth.
Guidance on revenue expansion, increased EPS, and EBITDA targets underlines a positive outlook and proactive approach to enhancing shareholder value.

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Park-Ohio Holdings Corp. (NASDAQ:PKOH ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Matthew Crawford - Chairman, President & Chief Executive Officer Patrick Fogarty - Vice President & Chief Financial Officer Conference Call Participants Steve Barger - KeyBanc Capital Markets Dave Storms - Stonegate Operator Good morning, and welcome to the Park-Ohio Third Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode.

Park-Ohio Holdings Corp. (PKOH) Q3 2024 Earnings Call Transcript

CLEVELAND, OHIO--(BUSINESS WIRE)--Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the third quarter of 2024. “We are pleased with the performance of our Company during the third quarter. While demand was stable overall, we continue to see challenges in some of our varied end markets. Regardless, we delivered improved profitability and additional progress towards our margin and debt reduction goals. We anticipate modest growth to return in the fourth quarter and into 2025.

ParkOhio Announces Strong Third Quarter 2024 Results

CLEVELAND, OHIO--(BUSINESS WIRE)--The Board of Directors of Park-Ohio Holdings Corp. (NASDAQ: PKOH) has declared a quarterly cash dividend of $0.125 per share on the common stock outstanding, to be paid on November 29, 2024, to shareholders of record as of the close of business on November 15, 2024. ParkOhio is a diversified international company providing world-class customers with a supply chain management outsourcing service, capital equipment used on their production lines, and manufactured.

ParkOhio Announces Quarterly Dividend

CLEVELAND, Ohio--(BUSINESS WIRE)--ParkOhio (NASDAQ: PKOH) announces the following webcast: What: ParkOhio (NASDAQ: PKOH) Third Quarter 2024 Results Conference Call   When: Thursday, November 7, 2024, at 10:00 a.m. Eastern Time   Where: https://event.webcasts.com/starthere.jsp?ei=1686715&tp_key=e72c244d4a   How: Live over the Internet -- Simply log on to the link above.   Contact: Matthew V. Crawford, Chairman, President, & Chief Executive Officer 440.947.2000 If you are unable to partic.

ParkOhio Announces Third Quarter 2024 Results Webcast

Park-Ohio Holdings Corp. (NASDAQ:PKOH ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Matthew Crawford - Chairman, President & Chief Executive Officer Pat Fogarty - Vice President & Chief Financial Officer Conference Call Participants Dave Storms - Stonegate Steve Barger - KeyBanc Capital Markets Operator Good morning and welcome to the Park-Ohio Second Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode.

Park-Ohio Holdings Corp. (PKOH) Q2 2024 Earnings Call Transcript

CLEVELAND, OHIO--(BUSINESS WIRE)--Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the second quarter of 2024. “We are proud to have delivered record revenue results and improved profitability during the second quarter. We achieved these results against a stable but mixed revenue backdrop, with particular strength coming from our aerospace and defense market as well as benefiting from significant backlogs in some of our long cycle businesses. While we expect mixed demand.

ParkOhio Announces Record Net Sales and Strong Second Quarter 2024 Results

CLEVELAND, OHIO--(BUSINESS WIRE)--ParkOhio (NASDAQ: PKOH) announces the following webcast: What: ParkOhio (NASDAQ: PKOH) Second Quarter 2024 Results Conference Call   When: Thursday, August 8, 2024, at 10:00 a.m. Eastern Time   Where: https://event.webcasts.com/starthere.jsp?ei=1682972&tp_key=8a95c5b641   How: Live over the Internet -- Simply log on to the link above.   Contact: Matthew V. Crawford, Chairman, President, & Chief Executive Officer 440.947.2000 If you are unable to partici.

ParkOhio Announces Second Quarter 2024 Results Webcast

Park-Ohio Holdings Corp. (NASDAQ:PKOH ) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Matthew Crawford - Chairman, President and Chief Executive Officer Patrick Fogarty - Vice President and Chief Financial Officer Conference Call Participants Dave Storms - Stonegate Christian Zyla - KeyBanc Capital Markets Yilma Abebe - JPMorgan Operator Good morning and welcome to the Park-Ohio First Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode.

Park-Ohio Holdings Corp. (PKOH) Q1 2024 Earnings Call Transcript

Park-Ohio (PKOH) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.72 per share a year ago.

Park-Ohio (PKOH) Q1 Earnings Beat Estimates

CLEVELAND, OHIO--(BUSINESS WIRE)--Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the first quarter of 2024. “We are pleased with our first quarter results, particularly as it relates to our improved quality of earnings. Our results are in line with our prior expectations, and we continue to see solid backlogs in most businesses, especially in our equipment and forging end markets. We will continue our focus on operating excellence and improved cash flow metrics througho.

ParkOhio Announces Strong First Quarter 2024 Results

CLEVELAND, Ohio--(BUSINESS WIRE)--ParkOhio (NASDAQ: PKOH) announces the following webcast: What:         ParkOhio (NASDAQ: PKOH) First Quarter 2024 Results Conference Call          When:        Tuesday, April 30, 2024, at 10:00 a.m. Eastern Time          Where:       https://event.webcasts.com/starthere.jsp?ei=1666544&tp_key=46b54528ab                        How:          Live over the Internet -- Simply log on to the link above.           Contact:     Matthew V. Crawford, Chairman, Preside.

ParkOhio Announces First Quarter 2024 Results Webcast

CLEVELAND, Ohio--(BUSINESS WIRE)--Park-Ohio Holdings Corp (NASDAQ: PKOH) announced today that S&P Global (“S&P”) has upgraded the ratings of Park-Ohio Industries, Inc. (“ParkOhio”), including the issuer credit rating to B from B-, and the issue-level rating on the Company's $350 million senior unsecured notes to B- from CCC+. S&P noted that the upgrades and stable outlook reflect improved operating performance in 2023, and their view that PKOH will continue to improve profitability,.

ParkOhio Announces Ratings Upgrade from S&P Global

Park-Ohio Holdings Corp. (NASDAQ:PKOH ) Q4 2023 Earnings Conference Call March 6, 2024 10:00 AM ET Company Participants Matthew Crawford - Chairman and Chief Executive Officer Patrick Fogarty - Vice President and Chief Financial Officer Conference Call Participants Christian Zyla - KeyBanc Capital Markets Dave Storms - Stonegate Brian Sponheimer - Gabelli Operator Good morning and welcome to the Park-Ohio Fourth Quarter and Full Year 2023 Results Conference Call. At this time all participants are in a listen-only mode.

Park-Ohio Holdings Corp. (PKOH) Q4 2023 Earnings Call Transcript

CLEVELAND, OHIO--(BUSINESS WIRE)--Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the fourth quarter and full year 2023. “Our team delivered strong growth of 11% during 2023 even with the adverse impact of the UAW strikes during the fourth quarter.  These results represented record revenue for our business in total and for every business segment.  Additionally, gross margin increased more than 200 basis points over 2022, and operating cash flow exceeded $53 million, whic.

ParkOhio Announces Fourth Quarter and Full Year 2023 Results and the Acquisition of EMA Indutec GmbH

CLEVELAND, Ohio--(BUSINESS WIRE)--ParkOhio (NASDAQ: PKOH) announces the following webcast:   What: ParkOhio (NASDAQ: PKOH) Fourth Quarter & Full Year 2023 Results Conference Call   When: Wednesday, March 6, 2024 at 10:00 a.m. Eastern Time   Where: https://event.webcasts.com/starthere.jsp?ei=1654166&tp_key=8f83eab224   How: Live over the Internet -- Simply log on to the link above.   Contact: Matthew V. Crawford, Chairman, President, & Chief Executive Officer 440.947.2000   If you ar.

ParkOhio Announces Fourth Quarter & Full Year 2023 Results Webcast

CLEVELAND, OHIO--(BUSINESS WIRE)--Park-Ohio Holdings Corp. (NASDAQ: PKOH) (the “Company”) today announced that it has successfully completed the divestiture of its Aluminum Products business (the “divested business”) to Angstrom Automotive Group (the “Buyer”), effective December 29, 2023, for approximately $50 million in cash and promissory notes, plus the assumption of approximately $3 million of finance lease obligations by the Buyer. The Company previously announced that the divested busines.

ParkOhio Completes Sale of Aluminum Products Business

CLEVELAND, OHIO--(BUSINESS WIRE)--Park-Ohio Holdings Corp. (NASDAQ: PKOH) announced today that Moody's Investors Service, Inc. (“Moody's”) has upgraded the ratings of ParkOhio Industries, Inc. (“ParkOhio”), including the Corporate Family Rating (“CFR”) to B2 from B3, and the Senior Unsecured Rating to Caa1 from Caa2. Moody's noted that the upgrades reflect Moody's view that ParkOhio will continue to improve its operating performance and strengthen its balance sheet over the next twelve months.

ParkOhio Announces Ratings Upgrade from Moody's

Park-Ohio Holdings Corp. is a $313-million market cap company that provides supply chain management outsourcing services, capital equipment, and manufactured components globally. PKOH reported a 9% YoY increase in net sales, driven by strong organic growth across all business segments. EBIT and EBITDA keep recovering. In my opinion, PKOH is showing obvious signs of a turnaround, and the high level of debt does not appear to be too much of a problem.

Park-Ohio Holdings Is Still A Great Small-Cap To Consider

Park-Ohio Holdings Corp. (NASDAQ:PKOH ) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Matthew Crawford - Chairman, Chief Executive Officer and President Patrick Fogarty - Vice President and Chief Financial Officer Conference Call Participants David Storms - Stonegate Capital Markets Christian Zyla - KeyBanc Capital Markets Operator Good morning, and welcome to the Park-Ohio Third Quarter 2023 Results Conference Call. [Operator Instructions] Today's conference is also recorded [Operator Instructions] Before we get started, I want to remind everyone that certain statements made on today's call may be forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.

Park-Ohio Holdings Corp. (PKOH) Q3 2023 Earnings Call Transcript

CLEVELAND, OHIO--(BUSINESS WIRE)--Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the third quarter of 2023. Matthew V. Crawford, Chairman, Chief Executive Officer and President, stated, “Strong financial performance during the third quarter was a tribute to our diversified business model and our commitment to both commercial and operational improvements. I would draw particular attention to our improvement in gross margins and our free cash flow during the quarter. Back.

ParkOhio Announces Strong Third Quarter 2023 Results

CLEVELAND, Ohio--(BUSINESS WIRE)--ParkOhio (NASDAQ: PKOH) announces the following webcast: What:   ParkOhio (NASDAQ: PKOH) Third Quarter 2023 Results Conference Call       When:   Thursday, November 2, 2023, at 10:00 a.m. Eastern Time       Where:   https://event.webcasts.com/starthere.jsp?ei=1636735&tp_key=efaa27c034       How:   Live over the Internet -- Simply log on to the link above.       Contact:   Matthew V. Crawford, Chairman, President, & Chief Executive Officer 440.947.2000 I.

ParkOhio Announces Third Quarter 2023 Results Conference Call

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CLEVELAND, OHIO--(BUSINESS WIRE)--Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced that it has amended and restated its existing revolving credit facility. The amendment was effective on September 13, 2023 and extends the scheduled maturity date from November 26, 2024 to September 13, 2028 (or, if earlier, the date that is 91 days prior to the scheduled maturity of the Company's 2017 Senior Notes). The amended facility, combined with free cash flow of $30-$40 million expected in 2023, en.

ParkOhio Announces Extension of Credit Agreement

Park-Ohio Holdings Corp. (NASDAQ:PKOH ) Q2 2023 Earnings Conference Call August 3, 2023 10:00 AM ET Company Participants Matthew Crawford - Chairman, President and Chief Executive Officer Pat Fogarty - Chief Financial Officer Conference Call Participants Steve Barger - KeyBanc Capital Markets Yilma Abebe - JPMorgan Dave Storms - Stonegate Operator Good morning and welcome to the ParkOhio Second Quarter 2023 Results Conference Call. [Operator Instructions] Before we get started, I want to remind everyone that certain statements made today on today's call may be forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.

Park-Ohio Holdings Corp. (PKOH) Q2 2023 Earnings Call Transcript

Park-Ohio (PKOH) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.21 per share a year ago.

News for Park-Ohio Holdings Stock (PKOH)