Park-Ohio Holdings Q4 Earnings Outlook


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On Monday, Park-Ohio Holdings (NASDAQ:PKOH) will release its latest earnings report. Benzinga's outlook for Park-Ohio Holdings is included in the following report.

Earnings and Revenue

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Wall Street analysts see Park-Ohio Holdings reporting earnings of 82 cents per share on sales of $354.7 million.

In the same quarter last year, Park-Ohio Holdings reported EPS of 66 cents per share on revenue of $306.8 million. If the company were to match the consensus estimate when it reports Monday, EPS would be up 24.24 percent. Sales would be up 15.61 percent from the year-ago period.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.87 0.83 0.69 0.74
EPS Actual 0.82 0.87 0.68 0.66

 

Stock Performance

Over the last 52-week period, shares are down 9.98 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating from analysts on Park-Ohio Holdings stock is a Neutral. The strength of this rating has maintained conviction over the past three months.


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Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews