$45.760
-1.574 (-3.44%)At close
PKOH News
PKOH Events
Sees FY26 Revenue of $1.675B-$1.71B
Sees FY26 revenue $1.675B-$1.71B, consensus $1.7B. Sees FY EBITDA 8%-9% of net sales, FCF $20M-$30M.
Affirms FY26 Revenue at $1.675B-$1.71B
Affirms FY26 revenue $1.675B-$1.71B, consensus $1.69B
Company Initiates Strategic Review for Southwest Steel Processing
The company states: "As part of our ongoing portfolio optimization strategy, the Company has engaged an investment banking firm to assist us in a formal review of strategic alternatives for its Southwest Steel Processing ("SSP") business, including a potential sale or other transaction. SSP is a fully automated forging facility included in our Forged and Machined Products group within the Engineered Products segment. This review reflects our continued focus on aligning capital and resources toward higher-growth, higher-margin opportunities across our portfolio. The Company has not set a deadline or definitive timetable for the completion of the strategic alternatives review process, and there can be no assurance that this review will result in any transaction or particular outcome."
Q1 Revenue of $421M Exceeds Consensus
Reports Q1 revenue $421.0M, consensus $413.9M. "Following a strong finish to 2025, we are continuing to build momentum into 2026, supported by improving operating performance, strong backlog visibility and increasing alignment with key growth markets including data center, infrastructure, aerospace and defense and industrial electrification, which is material to our revenues. Our first quarter results reflect continued execution against our transformation initiatives, with revenue growth across all three segments, expanding margins in Engineered Products and sustained performance in Supply Technologies. As we move through 2026, we expect to benefit from backlog conversion, new business ramp and operating leverage from prior investments in automation, information systems and vertical integration," said Matthew V. Crawford, Chairman and Chief Executive Officer.
Sees FY26 Revenue of $1.675B to $1.71B
Sees FY26 revenue $1.675B-$1.71B, consensus $1.67B.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.