Park AerospaceNYSE: PKE

NEWTON, Kan., May 23, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE - PKE ) announced that it plans to release its financial results for its 2024 fiscal year fourth quarter and for its full fiscal year ended March 3, 2024 after the New York Stock Exchange closes on Thursday, May 30, 2024. The Company will conduct a conference call to discuss such results at 5:00 p.m. EDT on the same day. Forward-looking and other material information may be discussed in this conference call. The conference call dial-in number is (877) 407-3982 in the United States and Canada and (201) 493-6780 in other countries and the required conference ID is 13746866.

NEWTON, Kan., May 22, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) reported that, on Sunday, May 19, at approximately 8:00 pm local time, the Company's Newton, Kansas manufacturing facilities were damaged by a strong storm which transitioned the area. None of the Company's manufacturing lines or equipment were damaged by the storm. Although the building structures are secure, it is likely that the roofs on all three buildings in the Company's Newton, Kansas campus will ultimately need to be replaced. Also, multiple specialty HVAC units were damaged or destroyed. These specialty HVAC units are necessary to control the temperature and humidity in certain of the manufacturing rooms and the production and R&D laboratories, which is required by certain specifications and certifications the Company is subject to. The Company is currently working with multiple contractors on site in order to fully assess the damage and the remediation options.

Park Aerospace is prepared for a season of higher growth on the programs it currently supplies, especially the LEAP-1A jet engines for Airbus. The combined elements of higher growth and no debt make for an attractive investment profile if the valuation is fair. On the valuation basis of EV/EBITDA multiple, even with fairly conservative assumptions around EBITDA growth relative to management's forecast, valuation is fair with upside potential remaining.

Park Aerospace Corp. (PKE) Q3 2024 Earnings Call Transcript

NEWTON, Kan., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE - PKE) announced that it plans to release its financial results for its 2024 fiscal year third quarter ended November 26, 2023, after the New York Stock Exchange closes on Tuesday, January 9, 2023. The Company will conduct a conference call to discuss such results at 5:00 p.m. EST on the same day. Forward-looking and other material information may be discussed in this conference call. The conference call dial-in number is (877) 407-3982 in the United States and Canada and (201) 493-6780 in other countries, and the required passcode is 13743214.

Revenues keep recovering after the coronavirus hit in fiscal 2021. Margins are expanding as demand returns while headwinds ease. The balance sheet is very robust thanks to very high cash and short-term investments and zero debt.

Park Aerospace Corp. (NYSE:PKE ) Q2 2024 Earnings Conference Call October 5, 2023 5:00 PM ET Company Participants Brian Shore - Chairman and Chief Executive Officer Conference Call Participants Operator Good afternoon. My name is Alicia, and I'll be your conference operator today.

NEWTON, Kan., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE - PKE) announced that it plans to release its financial results for its 2024 fiscal year second quarter ended August 27, 2023, after the New York Stock Exchange closes on Thursday, October 5, 2023. The Company will conduct a conference call to discuss such results at 5:00 p.m. EDT on the same day. PLEASE NOTE THE CONFERENCE CALL TIME IS DIFFERENT THAN THE USUAL TIME FOR PARK'S CONFERRENCE CALLS. Forward-looking and other material information may be discussed in this conference call. The conference call dial-in number is (877) 407-3982 in the United States and Canada and (201) 493-6780 in other countries, and the required passcode is 13741264.

Park Aerospace is a supplier to major aerospace and defense programs, from supporting the engines on Airbus jets to the struts on the James Webb space telescope. PKE stock has seen a total return of over 40% and is currently trending up strongly. In spite of the flat recent quarterly financial results, the company has enacted very shareholder policies and has tremendous growth opportunities ahead of it.