Park-Ohio Holdings Corp. (PKOH) Q3 2024 Earnings Call Transcript

featured-image

Park-Ohio Holdings Corp. ( NASDAQ: PKOH ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Matthew Crawford - Chairman, President & Chief Executive Officer Patrick Fogarty - Vice President & Chief Financial Officer Conference Call Participants Steve Barger - KeyBanc Capital Markets Dave Storms - Stonegate Operator Good morning, and welcome to the Park-Ohio Third Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode.

After the presentation, the company will conduct a question-and-answer session. Today’s conference is also being 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. A list of relevant risks and uncertainties can be found in the earnings press release as well as in the company's 2023 10-K, which was filed on March 6, 2024, 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, please refer to the company's recent earnings release. I'll now turn the conference over to Mr.

Matthew Crawford, Chairman, President and CEO. Please proceed, Mr. Crawford.

Matthew Crawford Thank you, Kevin, and good morning to everyone. We appreciate you taking time this morning to join us. We are pleased with the performance during the third quarter, both in terms of the overall results and with the progress we continue to make in.