Park-Ohio Holdings Corp. (NASDAQ:PKOH) is reporting second quarter financial results on Tuesday 4th August 2020, after market close.
According to analysts surveyed by Thomson Reuters, PKOH is expected to report 2Q20 loss of $ 0.96 per share from revenue of $ 258.43 million.
For the full year, analysts anticipate top line of $ 1302.80 million, while looking forward to loss of $ 0.69 per share bottom line.
Previous Quarter Performance
Park-Ohio Holdings Corp. announced income for the first quarter of $ 0.13 per share, from the revenue of $ 366.30 million. The quarterly earnings reduced 87.13 percent while revenues shrunk 13.40 percent compared with the same quarter last year.
According to street consensus, PKOH was expected to report 1Q20 income of $ 0.57 per share from revenue of $ 381.00 million. The bottom line results missed street analysts by $ 0.44 or 77.19 percent, at the same time, top line results fell short of analysts by $ 14.7 million or 3.86 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of PKOH was $ 14.79, representing a 37.20 % increase from the 52 week low of $ 10.78 and a 59.04 % decrease over the 52 week high of $ 36.11.
The company has a market capital of $ 184.27 million and is part of the Industrials sector and Industrial Distribution industry.
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Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. The companys Supply Technologies segment offers Total Supply Management solution, including engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, just-in-time and point-of-use delivery, electronic billing, and ongoing technical support services, as well as provides spare parts and aftermarket products; and production components, including valves, fuel hose assemblies, electro-mechanical hardware, labels, fittings, steering components, and other products.