Park-Ohio Holdings Corp. (NASDAQ:PKOH) Files An 8-K Results of Operations and Financial Condition
Item 2.02
EX-99.1 2 pkoh20190930-ex991earnings.htm EX-99.1 Exhibit EXHIBIT 99.1ParkOhio Announces Third Quarter 2019 Results•Q3 2019 Revenues of $403 million; YTD 2019 Revenues of $1.2 billion•Q3 GAAP EPS was $0.99; Q3 Adjusted EPS was $1.01•YTD GAAP EPS was $2.51; YTD Adjusted EPS was $3.09•2019 GAAP EPS guidance range updated to $3.42 to $3.62; Adjusted EPS guidance updated to $4.00 to $4.20; resulting primarily from the impact of the UAW labor strike at GMCLEVELAND,…
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About Park-Ohio Holdings Corp. (NASDAQ:PKOH)
Park-Ohio Holdings Corp. operates through the subsidiaries owned by its direct subsidiary, Park-Ohio Industries, Inc. (Park-Ohio). Park-Ohio is an industrial supply chain logistics and diversified manufacturing business operating in three segments: Supply Technologies, Assembly Components and Engineered Products. Supply Technologies provides its customers with Total Supply Management services for a range of production components. Assembly Components manufactures cast and machined aluminum components, automotive and industrial rubber and thermoplastic products, gasoline direct injection systems, fuel filler and hydraulic assemblies for automotive, agricultural equipment, construction equipment, heavy-duty truck and marine equipment industries. Engineered Products operates a group of manufacturing businesses that design and manufacture a range of products engineered for specific customer applications.