Park-Ohio Hldgs: Q1 Earnings Insights

Park-Ohio Hldgs (NASDAQ:PKOH) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:41 PM. Here’s what…

Park-Ohio Hldgs (NASDAQ:PKOH) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:41 PM.

Here’s what investors need to know about the announcement.

Earnings

Park-Ohio Hldgs beat estimated earnings by 35.85%, reporting an EPS of $0.72 versus an estimate of $0.53.

Revenue was up $5.10 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.55 which was followed by a 3.8% drop in the share price the next day.

Here’s a look at Park-Ohio Hldgs’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.46 0.43 0.25 -0.53
EPS Actual -0.09 0.52 0.21 0.73
Revenue Estimate 427.10M 428.00M 421.25M 378.15M
Revenue Actual 381.60M 435.80M 428.60M 418.40M

To track all earnings releases for Park-Ohio Hldgs visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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