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Stock impact report

ParkOhio Announces First Quarter 2019 Results

Park-Ohio Holdings Corp. (PKOH) 
Last park-ohio holdings corp. earnings: 3/11 04:27 pm Check Earnings Report
US:NASDAQ Investor Relations: pkoh.com/investor-relations
Company Research Source: Business Wire
Q1 Revenues increased to $420.1 million, up 4% year-over-year GAAP EPS was $0.90, up 15% year-over-year from $0.78 in Q1 2018 Adjusted EPS was $1.01, up 9% from $0.93 in Q1 2018 Full year 2019 GAAP EPS guidance of $4.20-$4.50 and Adjusted EPS guidance of $4.30-$4.60 re-affirmed CLEVELAND, OHIO--(BUSINESS WIRE)-- Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the first quarter of 2019. FIRST QUARTER RESULTS Net sales were $420.1 million in the first quarter of 2019, an increase of 4% from net sales of $405.7 million in the first quarter of 2018, driven by organic growth of 2% and acquisition-related growth of 2%. Net income attributable to ParkOhio common shareholders was $11.2 million, or $0.90 per diluted share, in the first quarter of 2019, compared to $9.8 million, or $0.78 per diluted share, in the firs Show less Read more
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