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Sep 30, 2020
Park-Ohio Q3 2020 Earnings Report
Park-Ohio experienced sequential revenue growth and improved profitability, driven by strong customer demand and cost-reduction actions.
Key Takeaways
Park-Ohio Holdings Corp. announced third quarter 2020 results with sequential revenue growth of 49%. GAAP EPS was $0.44 and adjusted EPS was $0.52. The company generated $23 million in operating cash flow and $18 million in free cash flow, with liquidity increasing to $243 million. A quarterly cash dividend of $0.125 per share was declared.
Sequential Revenue Growth of 49%
GAAP EPS of $0.44; Adjusted EPS of $0.52
Operating Cash Flow of $23 million; Free Cash Flow of $18 million
Liquidity increased to $243 million
Revenue by Segment
Forward Guidance
The Company expects continued economic recovery in most end markets in the fourth quarter of 2020 and into 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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