Shares of The Timken Company (TKR) have lost 8% since it reported third-quarter 2024 results on Nov. 5, 2024. TKR reported adjusted earnings per share (EPS) of $1.23 for the quarter, which marked a 20.6% year-over-year decline. The bottom line also missed the Zacks Consensus Estimate of earnings of $1.37. The weaker-than-expected results were led by lower volumes and higher costs. On a reported basis, the company delivered earnings of $1.16 per share compared with $1.23 in the prior-year quarter.Stay up-to- ...

Did you analyze how Timken (TKR) fared in its international operations for the quarter ending September 2024? Given the widespread global presence of this maker of bearings and power transmissions, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and gro ...

The Timken Company (NYSE:TKR) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Neil Frohnapple - VP, IR Tarak Mehta - President and CEO Philip Fracassa - EVP and CFO Conference Call Participants Stephen Volkmann - Jefferies Bryan Blair - Oppenheimer David Raso - Evercore ISI Mike Shlisky - D.A. Davidson Steve Barger - KeyBanc Capital Markets Joe Ritchie - Goldman Sachs Michael Feniger - Bank of America Tim Thein - Raymond James Operator Good morning. My name is Emily and I' ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-1169 THE TIMKEN COMPANY (Exact name of registrant as specified in its charter) | --- | --- | |------------------------------------------ ...

Timken (TKR) reported $1.13 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 1.4%. EPS of $1.23 for the same period compares to $1.55 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.12 billion, representing a surprise of +0.87%. The company delivered an EPS surprise of -10.22%, with the consensus EPS estimate being $1.37.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

Timken (TKR) came out with quarterly earnings of $1.23 per share, missing the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10.22%. A quarter ago, it was expected that this maker of bearings and power transmissions would post earnings of $1.60 per share when it actually produced earnings of $1.63, delivering a surprise of 1.88%.Over the last fou ...

TIMKEN Timken Reports Third-Quarter 2024 Results • Sales of $1.13 billion, down 1.4 percent from last year • Third-quarter earnings per share of $1.16; adjusted EPS of $1.23 • Cash from operations of $123 million and free cash flow of $88 million • Updates full-year 2024 outlook; now expects EPS of $4.65-$4.75, with adjusted EPS of $5.55-$5.65 NORTH CANTON, Ohio: November 5, 2024 — The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today ...

Sales of $1.13 billion, down 1.4 percent from last year Third-quarter earnings per share of $1.16; adjusted EPS of $1.23 Cash from operations of $123 million and free cash flow of $88 million Updates full-year 2024 outlook; now expects EPS of $4.65-$4.75, with adjusted EPS of $5.55-$5.65NORTH CANTON, Ohio, Nov. 5, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today reported third-quarter 2024 sales of $1.13 bil ...

Timken (TKR) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 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 stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 5. On ...

The Timken Company's (NYSE: TKR ) share price has been in a trough since last May, and not surprisingly, because one of its markets, Chinese wind energy, has slowed along with the rest of China's economy. For the past Robert F. Abbott has been investing his family's accounts since 1995, and in 2010 added options, mainly covered calls and collars with long stocks. He is a freelance writer, and his projects include a website that provides information for new and intermediate-level mutual fund investors. A res ...