Park-Ohio Holdings Corp. provided earnings guidance for the year 2022. For the year, the company continue to expect revenues to be at record levels, with revenue growth currently estimated at approximately 18% year-over-year driven by strong customer demand in each segment.

The company also continue to expect significant improvement in profitability for the full year 2022 compared to 2021, and improved adjusted operating results in the fourth quarter compared to the third quarter of 2022.