Park-Ohio Holdings Corp (NAS:PKOH)
$ 25.32 -0.95 (-3.62%) Market Cap: 355.54 Mil Enterprise Value: 1.02 Bil PE Ratio: 20.26 PB Ratio: 1.07 GF Score: 71/100
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Q3 2023 Park Ohio Holdings Corp Earnings Call Transcript

Nov 02, 2023 / 02:00PM GMT
Release Date Price: $27.85 (+21.30%)
Operator

Good morning, and welcome to the Park-Ohio Third Quarter 2023 Results Conference Call. (Operator Instructions) Today's conference is also recorded (Operator Instructions)

Before we get started, I want to remind everyone that certain statements made on today's call may be forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those projected. The list of relevant risks and uncertainties may be found in the earnings press release as well as in the company's 2022 10-K, which was filed on March 16, 2023, with the SEC.

Additionally, the company may discuss adjusted EPS, adjusted operating income and EBITDA as defined on a continuing operations or consolidated basis. These metrics are not measures of performance under generally accepted accounting principles. For a reconciliation of EPS to adjusted EPS, operating income to adjusted operating income and net income attributable to Park-Ohio common shareholders to EBITDA as defined

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