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Timken Reports Second-Quarter 2024 Results
TKRTimken(TKR) Prnewswire·2024-07-31 10:51

Sales of 1.18billion,inlinewithcompanyexpectationsSecond−quarterearningspershareof1.18 billion, in line with company expectations Second-quarter earnings per share of 1.36; adjusted EPS of 1.63Netincomemarginof8.1percent;adjustedEBITDAmarginof19.5percentUpdatesfull−year2024outlook;nowexpectsEPSof1.63 Net income margin of 8.1 percent; adjusted EBITDA margin of 19.5 percent Updates full-year 2024 outlook; now expects EPS of 5.00-5.20,withadjustedEPSof5.20, with adjusted EPS of 6.00-6.20NORTHCANTON,Ohio,July31,2024/PRNewswire/−−TheTimkenCompany(NYSE:TKR;www.timken.com),aglobaltechnologyleaderinengineeredbearingsandindustrialmotion,todayreportedsecond−quarter2024salesof6.20 NORTH CANTON, Ohio, July 31, 2024 /PRNewswire/ -- 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. ...