What Can We Expect From Park-Ohio Holdings Corp ($PKOH) Q3 2024 Earnings?

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Park-Ohio Holdings Corp (NASDAQ: PKOH) is scheduled to reveal its financial results for the third quarter on Wednesday 6th November 2024. This disclosure will take place after market close, providing investors with significant information regarding the company's performance in the last three months period.

In accordance with the forecasts of financial specialists on Wall Street, the organization is primed to announce an anticipated $0.89 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $438.7 million for this particular period.

When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $0.99. This numbers can be credited to the company's total revenue, which amounted to an impressive $418.8 million during the same quarter.

The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $1.71 billion. In addition, they anticipate the company to report profit of $3.45 per share for the fiscal year.

 

PKOH will host a conference call with investment community on 7th November 2024 at 10:00 AM eastern time to discuss the financial results.

During Friday's trading, Park-Ohio Holdings Corp (PKOH) shares reached a low of $27.96 and a high of $29.25, along with a total volume of 26.30 thousand shares. The stock ended the regular trading session at $28.24, demonstrating decrease of 0.81 percent.