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Park Aerospace Corp   (PKE)
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    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods


 

Park Aerospace Corp

PKE's Financial Statements and Analysis



Park Aerospace Corp reported in the third quarter of 2023 net earnings per share of $0.06 a decrease by -45.45 % year on year from $0.11 and decline of -33.33 % from $0.09 earned in II. Quarter (Aug 27 2023).


third quarter of 2023
Earnings Per Share Revenues
$ 0.06 $  11 Mill
$-0.05     -45.45 % $-3M     -19.46 %



Park Aerospace 's Revenue fell by -19.46 % in third quarter of 2023 (Nov 26 2023) year on year, to $11 million and declined by -7.53 % sequentially.


Park Aerospace is Expected to report next financial results on May 11, 2024.

More on PKE's Income Statement



Park Aerospace 's net income of $1.203 million in the third quarter of 2023 decreased by -46.05 % from net earnings of $2.230 million achieved in III. Quarter a year ago.

Sequentially net earnings fell by -31.1 % from net income of $1.746 million realized in previous quarter.

More on PKE's Growth

Park Aerospace Inventories
Inventories grew by 8.88 % to $7 million from III. Quarter a year ago, sequentially inventories fell by -12.25 %. In Nov 26 2023 company's net cash and cash equivalents decreased by $-3 million, capital expenditures fell by -0.1051.90%, to $0 millions compare to same quarter a year ago

More on PKE's Cash flow Statement


Park Aerospace Corp payed out dividend of $2.06 per share in last 52 weeks representing 447.83 % of net earning per share in trailing twelve-month period.

During the same period Park Aerospace Corp earned $ 0.17 cash per share, on a free-cash flow basis 37.07 % of net earning per share.

Book value fell by -0.73 % sequentially to $5.50 per share.
Tangible Book value fell to $ 5.02 per share from $ 5.06.

Company issued 0.02 million shares or 0.08 % in Nov 26 2023.


More on PKE's Dividends

 Market Capitalization (Millions) 312
 Shares Outstanding (Millions) 20
 Total Debt (Millions $) -
 Revenue (TTM) (Millions $) 52
 Net Income (TTM) (Millions $) 10
 Cash Flow (TTM) (Millions $) -18
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 2.06 $
 Dividend Yield TTM (%) 3.26 %
 Employees (TTM) $ 387




Park Aerospace Corp payed out dividend of $2.06 per share in the last 52 weeks representing 447.83 % of net earning per share in trailing twelve-month period.

During the same period Park Aerospace Corp had $ 0.17 cash flow per share, on a free-cash flow basis 37.07 % of net earning per share.

Book value fell by -0.73 % sequentially to $5.50 per share.
Tangible Book value fell to $ 5.02 per share from $ 5.06.

Company issued 0.02 million shares or 0.08 % in Nov 26 2023.


More on PKE's Balance Sheets

 Market Capitalization (Millions) 312
 Shares Outstanding (Millions) 20
 Total Debt (Millions $) -
 Revenue (TTM) (Millions $) 52
 Net Income (TTM) (Millions $) 10
 Cash Flow (TTM) (Millions $) -18
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 2.06 $
 Dividend Yield TTM (%) 3.26 %
 Employees (TTM) $ 387
   


  News about Park Aerospace Corp Earnings

Park Aerospace Corp's Revenue Drops by 19.456%: Facing Challenges in the Aerospace and Defense Industry

In the financial period ending November 26, 2023, the aerospace and defense company, Park Aerospace Corp, reported a decline in both top and bottom-line figures. Net profit per share plummeted by 45.45% and revenue fell by 19.456% year on year. Revenue amounted to $11.17 million, compared to $13.87 million in the same period the year before. Earnings per share also decreased from $0.11 to $0.06.
This decline in performance is in stark contrast to the rest of the aerospace and defense industry, which posted a revenue growth of 16.09% compared to the same period the previous year. Compared to the preceding fiscal period, Park Aerospace Corp's income decreased by 33.33% and revenue deteriorated by 7.534%. ...

Revamping Operations and Overcoming Challenges: Park Aerospace Corp's Financial Results for Q2 2023



Park Aerospace Corp recently reported its financial results for the fiscal second quarter of 2023. While the company saw its earnings per share (EPS) and income per share remain unchanged compared to the previous year, it experienced a substantial decline in revenue. Despite this, Park Aerospace emphasized its improving profit margins, although it faced challenges such as increased inventories and a decline in accounts receivable. However, in a bid to maintain investor confidence, the company announced a regular quarterly dividend payout.
Financial Results:
For the fiscal second quarter of 2023, PKE's EPS remained unchanged at $0.09 per share compared to the same period the previous year. S...

Park Aerospace Corp Demonstrates Exceptional Conduct during Critical Fiscal Closing Period in May 2023

Surge in Revenue Fails to Boost Park Aerospace Corp's Profits
Park Aerospace Corp, a leading aerospace company, experienced a surge in revenue during the first quarter of 2024; however, this did not translate into higher profits. Despite a 21.654% increase in revenue to $15.55 million compared to the same period last year, the company's income per share remained unaffected at a mere $0.09 per share.
The sequential analysis reveals an even more challenging situation for Park Aerospace Corp. Profits plummeted by a staggering -59.54% from $0.22 per share in the previous quarter, while revenue saw a more modest rise of 14.937% from $13.53 million. This decline in profits is concerning, as it weakened the...

Park Aerospace Corp's Earnings Soar with a $2.06 Million Boost from Income Tax Provisions

Park Aerospace Corp's ability to collect accounts receivable seq...


Date modified: 2024-01-11T13:28:00+00:00





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