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 ...

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 ...

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 Reports Second-Quarter 2024 Results NORTH CANTON, Ohio: July 31, 2024 — The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today reported second-quarter 2024 sales of $1.18 billion, down 7.1 percent from last year's record level. Organically, sales were down 7.7 percent, with most of the decline attributable to significantly lower renewable energy demand in China. Sales were relatively flat compared to the first quarter on an organ ...