In This Article:
Park-Ohio Holdings (NASDAQ:PKOH) Full Year 2024 Results
Key Financial Results
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Revenue: US$1.66b (flat on FY 2023).
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Net income: US$42.2m (up 24% from FY 2023).
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Profit margin: 2.5% (up from 2.0% in FY 2023).
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EPS: US$3.27 (up from US$2.77 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Park-Ohio Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 30%.
The primary driver behind last 12 months revenue was the Supply Technologies segment contributing a total revenue of US$775.8m (47% of total revenue). Notably, cost of sales worth US$1.37b amounted to 83% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$182.2m (76% of total expenses). Explore how PKOH's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in the US.
Performance of the American Machinery industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 3 warning signs for Park-Ohio Holdings (1 makes us a bit uncomfortable!) that you should be aware of before investing here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.