Bearings maker Timken beats Q3 profit estimates, updates FY forecast

Timken

29/10/2025 10:58

Overview

Timken Q3 sales rise 2.7% to $1.16 bln, beating analyst expectations

Adjusted EPS for Q3 2025 beats estimates, rising to $1.37

Company updates full-year 2025 outlook, expects adjusted EPS of $5.20-$5.30

Outlook

Timken updates 2025 EPS forecast to $3.90-$4.00, adjusted EPS to $5.20-$5.30

Company expects 2025 revenue to decline by approximately 0.75% at midpoint

Result Drivers

SALES GROWTH - Higher pricing, favorable foreign currency translation, and CGI acquisition drove sales increase

ENGINEERED BEARINGS - Segment sales rose 3.4% due to higher renewable energy demand and pricing

INDUSTRIAL MOTION - Segment sales up 1.3% with CGI acquisition and higher pricing offsetting lower services revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$1.16 bln
$1.11 bln (10 Analysts)
Q3 Adjusted EPS
Beat
$1.37
$1.24 (12 Analysts)
Q3 EPS
$0.99
Q3 Adjusted Net Income
Beat
$96.20 mln
$85.96 mln (8 Analysts)
Q3 Net Income
$69.30 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

Wall Street's median 12-month price target for Timken Co is $83.00, about 7% above its October 28 closing price of $77.22

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nPn49p6NVa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)