Park-Ohio Holdings (PKOH) Misses Q4 EPS by 2c ; Provides Outlook

Park-Ohio Holdings (NASDAQ: PKOH) reported Q4 EPS of $0.54, $0.02 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $389 million versus the consensus estimate of $386.45 million.

2024 OUTLOOK - CONTINUING OPERATIONS

For 2024, we expect revenue growth in the mid-single digit range year-over-year, driven by continued strong demand expected in most end markets in Supply Technologies and Assembly Components and the strength of our backlog in Engineered Products. In addition, we expect year-over-year improvement in EPS and EBITDA.

For earnings history and earnings-related data on Park-Ohio Holdings (PKOH) click here.

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