Park-Ohio Holdings (PKOH) Tops Q2 EPS by 14c; offers outlook

Park-Ohio Holdings (NASDAQ: PKOH) reported Q2 EPS of $1.02, $0.14 better than the analyst estimate of $0.88. Revenue for the quarter came in at $433 million versus the consensus estimate of $445.45 million.

2024 OUTLOOK - CONTINUING OPERATIONS

For 2024, we now expect year-over-year revenue growth to be between 2% and 4%, due to slowing but stable demand in certain end markets. In addition, we continue to expect year-over-year improvement in adjusted EPS and EBITDA, as defined.

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

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