Earnings ·
Park-Ohio reports Q3 revenue of $459M and raises full-year adjusted EPS outlook to $3.35-$3.50
PKOHPark Ohio Holdings Corp
Park-Ohio Holdings Corp. reported third-quarter 2026 results with record net sales of $458.5 million, a 15% increase year-over-year, driven by strong demand in aerospace, AI data centers, and semiconductor markets. GAAP diluted EPS rose to $0.97 from $0.39 in the prior year period, while adjusted diluted EPS reached $1.04. The company raised its full-year 2026 net sales guidance to $1.75 billion–$1.77 billion and increased its adjusted EPS outlook to $3.35–$3.50 per share. Operating cash flow was $16 million, with free cash flow of $7 million for the quarter. The company continues to review strategic alternatives for its Southwest Steel Processing business. Park-Ohio is a diversified international manufacturer providing supply chain management services, capital equipment, and manufactured components.