Park-Ohio Hldgs Q2 EPS $0.83 Beats $0.80 Estimate, Sales $370.00M Miss $414.65M Estimate
Portfolio Pulse from Benzinga Newsdesk
Park-Ohio Hldgs reported Q2 earnings of $0.83 per share, beating the analyst consensus estimate of $0.80 by 3.75%. However, the company's quarterly sales of $370.00 million missed the analyst consensus estimate of $414.65 million by 10.77%.
August 04, 2023 | 12:19 pm
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Park-Ohio Hldgs reported better than expected Q2 earnings but missed on sales. This mixed report may lead to uncertainty in the market.
Park-Ohio Hldgs reported Q2 earnings that beat estimates, which is positive for the stock. However, the company missed on sales, which is negative. The mixed report may lead to uncertainty in the market, making it difficult to predict the short-term price direction.
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