Park-Ohio Holdings (PKOH) Tops Q3 EPS by 14c, Reaffirms Guidance

Go back to Park-Ohio Holdings (PKOH) Tops Q3 EPS by 14c, Reaffirms Guidance

ParkOhio Announces Strong Third Quarter 2018 Results and Completes Acquisition of Hydrapower Dynamics Limited

November 5, 2018 5:04 PM EST

Revenues increased to $414 million, up 18% year-over-year GAAP EPS was $1.14, up 42% from $0.80 in Q3 2017 Adjusted EPS was $1.07, up 30% from $0.82 in Q3 2017 YTD Revenues up 20% and Segment Operating Income up 22% year-over-year

CLEVELAND, OHIO--(BUSINESS WIRE)-- Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the third quarter of 2018.

THIRD QUARTER RESULTS

Net sales were $414.3 million in the third quarter of 2018, an increase of 18% from net sales of $352.2 million in the... More