PKOH Earnings Prediction
The chart below shows how PKOH performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PKOH sees a -0.72% change in stock price 10 days leading up to the earnings, and a +11.24% change 10 days following the report. On the earnings day itself, the stock moves by +1.01%. This data can give you a slight idea of what to expect for the next quarter's release.
PKOH Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
417.60M
-0.29%
-3.47%
Gross Margin
17.31%
3.59%
2.30%
Operating Margin
5.87%
-8.99%
-1.51%
Net Margin
3.16%
8.59%
19.70%
EPS
0.73
-17.05%
-20.65%
No Data Available
PKOH Earnings Analysis
Park-Ohio Holdings Corp Corporation (PKOH.O) Earnings Conference Call
Positive
Stable Overall Demand: Overall demand was stable during the quarter, despite significant headwinds in numerous industrial markets.
Gross Margin Improvement: We continue to improve our overall margin profile, including a 60 basis point improvement in year-over-year gross margin.
Gross Margin Improvement: Our consolidated gross margin was 17.3% in the quarter, up 60 basis points from 16.7% last year.
EBITDA Consistency: We generated EBITDA of $39 million in the quarter, which is in line with the third quarter a year ago.
Earnings Per Share Increase: Our adjusted earnings per share of $1.07 increased 8% compared to $0.99 a year ago.
Negative
Net Sales Stability: Consolidated net sales of $418 million were flat compared to $419 million a year ago.
Operating Income Decline: Operating income was $25 million, down slightly from $27 million last year and $26 million in the second quarter.
SG&A Expense Increase: SG&A expenses were approximately $48 million, representing 11% of net sales, compared to $43 million a year ago, with the increase driven by the SG&A expenses related to the acquisition of EMAI.
Operating Income Consistency: Total consolidated operating income was $6.6 million in the current quarter and was generally in line with $6.9 million last quarter, with 6.7% operating margins in both periods.
Assembly Components Sales Decline: Sales in our assembly components segment were $99 million in the quarter, compared to $108 million a year ago, and $103 million last quarter.
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PKOH Earning Call Sentiment
Park-Ohio Holdings Corp. (PKOH) Q3 2024 Earnings Call Transcript
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00:00
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PKOH.O
-2.39%Positive
The earnings call summary indicates a strong financial performance with record revenue, improved margins, and positive guidance on revenue, EPS, and EBITDA. Debt reduction efforts and executive investments further strengthen financial health. However, flat net sales and increased SG&A expenses slightly temper enthusiasm. The Q&A session reveals a strategic focus on high-margin opportunities, operational improvements, and a solid aerospace and defense outlook, despite some uncertainties. Overall, the positive aspects outweigh the negatives, suggesting a likely positive stock price movement in the short term.
