TKR Stock Slips 8% Since Posting Q3 Earnings Miss & Y/Y Revenue Dip

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$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- ...