NORTH CANTON, Ohio, Feb. 5, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today announced that Christopher A. Coughlin, executive vice president and president, Industrial Motion, will retire at the end of the year after 41 years with the company. Chris Coughlin "Chris has been an invaluable part of Timken's leadership team, demonstrating exemplary stewardship and a deep commitment to the company's mission for ...

Timken Reports Fourth-Quarter and Full-Year 2024 Results | (USD in millions) | 4Q-24 | 4Q-23 | % Change | FY-2024 | FY-2023 | % Change | | --- | --- | --- | --- | --- | --- | --- | | Net Sales | $1,073.6 | $1,091.2 | (1.6)% | $4,573.0 | $4,769.0 | (4.1)% | | Net Income Margin | 6.6% | 5.4% | 120 bps | 7.7% | 8.3% | (60 bps) | | Adjusted EBITDA Margin | 16.6% | 17.9% | (130 bps) | 18.5% | 19.7% | (120 bps) | | Diluted EPS | $1.01 | $0.83 | 21.7% | $4.99 | $5.47 | (8.8)% | | Adjusted EPS | $1.16 | $1.37 | (15 ...

Sales of $1.07 billion in the fourth quarter, down 1.6 percent from last year Fourth-quarter diluted EPS of $1.01; adjusted EPS of $1.16 Full-year 2024 diluted EPS of $4.99; adjusted EPS of $5.79 Cash from operations of $476 million; free cash flow of $306 million for the full year Company provides initial estimate for 2025 EPS of $4.30-$4.80, with adjusted EPS of $5.30-$5.80 (USD in millions) 4Q-24 4Q-23 % Change  FY-2024 FY-2023 % Change Net Sales $1,073.6 $1,091.2 (1.6 %) $4,573.0 $4,7 ...

Timken (TKR) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 5, 2025, might help the stock move higher if these key numbers are better than expect ...

I always enjoy digging into companies that have an interesting role to play in my local economy. Given that I live in northeast Ohio, there aren't very many publicly traded firms that fit into this bucket. But one of them happensCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow ...

NORTH CANTON, Ohio, Jan. 21, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today announced the appointment of Kimberly K. (Kim) Ryan to its Board of Directors. Her election increases The Timken Company Board to 13 members. Kim Ryan Ryan has served as director, president and CEO of Hillenbrand, Inc. (NYSE: HI; www.hillenbrand.com), a global industrial company that provides solutions for durable plastics, food ...

NORTH CANTON, Ohio, Jan. 15, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will release its 2024 fourth-quarter and full-year financial results on Wednesday, Feb. 5, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available o ...

NORTH CANTON, Ohio, Dec. 13, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, rang the opening bell today at the New York Stock Exchange (NYSE) in celebration of 125 years of continually creating solutions and innovations for a world in motion. President and CEO Tarak Mehta joined the board of directors and company leaders on the podium at the NYSE, where Timken has been listed since 1922. "While we celebrate our pa ...

NORTH CANTON, Ohio, Dec. 4, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com, a global technology leader in engineered bearings and industrial motion, has been recognized by Newsweek and Statista Inc. as one of America's Most Responsible Companies for the fifth year in a row. This honor reflects the company's continued commitment to improve the lives of individuals and communities, benefit the planet and strengthen its business through corporate social responsibility (CSR)."At Timken, we'r ...

NORTH CANTON, Ohio, Nov. 20, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will participate in two upcoming investor conferences. Neil Frohnapple, vice president of investor relations will participate in the Goldman Sachs Industrials Conference on Wednesday, Dec. 4, 2024. Philip D. Fracassa, executive vice president and chief financial officer and Neil Frohnapple will participate in the Melius Investor Conference ...