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Park-Ohio Holdings' recent earnings report showed lackluster headline numbers, but the market responded positively. However, shareholders should also consider factors that may be cause for concern, such as the company's increased number of shares on issue, which has diluted shareholder returns. The company's earnings per share growth has been lower than its profit growth, and its net income has actually dropped by 12% in the last year. Despite this, analysts are forecasting future profitability.
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