NYSE$PKE

Park Aerospace Corp · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported third quarter results and declared a special cash dividend.

Park Aerospace Corp. reported increased net sales and net earnings from continuing operations for the third quarter of fiscal year 2020 compared to the same quarter of the previous year. The company also declared a special cash dividend of $1.00 per share.

  • Net sales from continuing operations increased to $15.847 million, compared to $12.853 million in the prior year's third quarter.
  • Net earnings from continuing operations rose to $2.806 million, up from $2.078 million in the third quarter of the previous fiscal year.
  • Basic and diluted earnings per share from continuing operations were $0.14, compared to $0.10 in the prior year's third quarter.
  • A special cash dividend of $1.00 per share was declared, payable on February 20, 2020.

Headline financials

Total Revenue

$15.8M

Previous: $12.9M+23.3%
EPS

$0.12

Previous: $0.10+20.0%
Adjusted EBITDA

$3.62M

Previous: $2.95M+22.9%
Capital Expenditures

-$4.36M

Previous: -$399K-993.5%
Free Cash Flow

-$2.07M

Previous: $10.6M-119.6%
Net Income

$2.45M

Previous: $3.69M-33.7%
Operating Income

$3.07M

Previous: $2.3M+33.6%
Gross Profit

$5.02M

Previous: $4.28M+17.2%
Stock-Based Comp

$139K

Previous: $194K-28.4%

Revenue & EPS history

Park Aerospace · Revenue · Quarterly

$15.8M

Q3 2020+23.3%vs Q3 2019
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Forward guidance

Forward-looking and other material information may be discussed in the conference call.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

+0.1%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+3.2%

Avg return

30 days after

47%

30 / 64 earnings

Positive

+16.0%

Q1 2019

Best reaction

-15.3%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-12.7%-8.9%
Q3 2026+9.6%+7.8%+1.8%
Q2 2026-5.5%+0.6%-8.1%
Q1 2026+12.4%+28.1%+13.9%
Q4 2025+2.1%-0.9%+1.2%
Q2 2025+8.5%+9.6%+10.6%
Q1 2025+1.5%-5.0%-9.2%
Q4 2024-0.6%-4.2%-2.9%
Q3 2025+3.4%+1.1%+2.8%
Q2 2024-8.5%-5.4%-5.4%
Q1 2024-2.6%-1.1%+2.3%
Q4 2023+1.5%-0.6%+8.5%
Q3 2023+10.1%+9.3%+17.0%
Q2 2023-5.1%-3.1%+12.3%
Q1 2023-4.7%-5.9%+1.0%
Q4 2022+1.3%+2.6%+6.2%
Q3 2022+1.4%+0.9%-2.0%
Q2 2022+0.4%-2.5%+2.0%
Q1 2022+6.6%+4.2%+0.6%
Q4 2021+9.1%+6.5%+14.6%
Q3 2021+0.4%+4.9%-1.0%
Q2 2021+2.4%+1.4%-2.7%
Q1 2021-0.2%-0.3%+9.0%
Q4 2020-7.2%-11.6%-9.9%
Q3 2020+1.8%+3.5%-3.6%
Q2 2020-4.4%-4.6%+7.9%
Q1 2020-1.0%-0.9%+16.4%
Q4 2019+11.1%+5.4%-1.0%
Q3 2019+13.0%+20.0%+24.6%
Q2 2019-1.3%-1.3%-8.8%
Q1 2019+16.0%+16.6%+17.7%
Q4 2018+12.3%+13.9%+19.1%
Q3 2018+4.0%+7.1%-7.0%
Q2 2018+0.3%-1.4%+0.3%
Q1 2018-0.4%-2.4%+2.1%
Q4 2017+0.3%+0.6%-0.9%
Q3 2017-2.1%-2.0%-2.4%
Q2 2017-15.3%-17.8%-13.9%
Q1 2017-2.8%-2.9%+8.4%
Q4 2016-6.8%
Q3 2016+0.1%
Q2 2016-8.3%
Q1 2016-6.4%
Q4 2015+0.6%
Q3 2015-5.4%
Q2 2015-6.0%
Q1 2015+8.4%
Q4 2014-4.4%
Q3 2014+3.6%
Q2 2014-0.7%
Q1 2014+0.5%
Q4 2013+0.2%
Q3 2013-4.8%
Q2 2013-2.5%
Q1 2012-2.5%
Q1 2013-0.9%
Q4 2010-1.8%
Q4 2012-1.8%
Q3 2012-1.3%
Q3 2011-1.3%
Q2 2011-3.0%
Q2 2012-3.0%
Q4 2011-3.0%
Q1 2011+2.9%

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