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Stock impact report

ParkOhio Announces Strong First Quarter 2024 Results [Yahoo! Finance]

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: Yahoo! Finance
from $0.61 in Q1 2023; Adjusted EPS from continuing operations of $0.85 per diluted share, up 18% vs. $0.72 in Q1 2023 Gross margin of 17.1% improved 120 basis points year-over-year EBITDA, as defined was $38 million, an increase of 19% compared to Q1 2023 Full year 2024 outlook unchanged CLEVELAND, OHIO, April 29, 2024 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 throughout the remainder of the year. Additionally, we continue to benefit broadly from macro-economic trends, which include increased investments in critical end markets including aerospace, d Show less Read more
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