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Park Ohio Industries Inc  (PKOH)
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Earnings supported by $3.40 millions income tax refund

A $3.40 millions in tax refund, supported Park Ohio Industries Inc to display $0.50 eps in the most recent fiscal period

Published 2022-06-23T09:59:20-04:00
Goran Soko / CSIMarket.com Contributer

Bordeln_By_Willy_Stahl,_RAS_Reinhardt_Maschinenbau_GmbH__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsDouble digits Revenue rise of 16.352 % to $418.40 millions, led to modest profitability rise of 11.11 % to $0.50 per share, in the financial interval ending March 31 2022 year on year.

from the previous financial reporting period from $-1.40 per share, Revenues advanced by 13.112 % from $369.90 millions.


Net income of $6.500 millions in the financial interval ending March 31 2022 increased by 16.07 % from net earnings of $5.600 millions reported in the financial interval ending March 31 2022 a year ago. Park Ohio Industries Inc shifted it's focus on improving sales in the financial interval ending March 31 2022, as a result net margin eased to 1.55%.

Well, to be fair enough, the PKOHs' earnings per share rise has been supported by the $3.40 million income tax refund, subtracting it, the first quarter of 2022 recent numbers would be more moderate.
Operating earnings, fell -35.2% to $8.1 millions, squeezing Park Ohio Industries Inc's operating margin to %.

Park Ohio Industries Inc is expected to report next financial recent numbers on August 03, 2022.


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Other PKOH's Earnings Reports

Park Ohio Industries Inc reported fourth quarter 2021 earnings

Park Ohio Industries Inc reported third quarter 2021 earnings

Park Ohio Industries Inc reported second quarter 2021 earnings

       
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