Park-Ohio Holdings (PKOH) Tops Q4 EPS by 10c
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Financial Fact:
Interest expense: 7.2M
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Park-Ohio Holdings (NASDAQ: PKOH) reported Q4 EPS of $0.53, $0.10 better than the analyst estimate of $0.43. Revenue for the quarter came in at $360 million versus the consensus estimate of $350.6 million.
2021 OUTLOOK:
For 2021, we are targeting organic sales growth to be in the range of 8% to 12% and EBITDA, as defined margins to improve 150-200 basis points over 2020 EBITDA, as defined margins of 5.6%. In addition, we are targeting total capital expenditures in a range of $28 million to $32 million, and free cash flow conversion to be greater than 75% of net income.
For earnings history and earnings-related data on Park-Ohio Holdings (PKOH) click here.
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