Brief: Timken Reports Fourth-Quarter And Full-Year 2022 Results

Timken

06/02/2023 11:58

Feb 6 (Reuters) - Timken Co  TKR.N :
    * TIMKEN REPORTS STRONG FOURTH-QUARTER AND FULL-YEAR 2022
RESULTS
    * Q4 SALES ROSE 7.4 PERCENT TO $1.08 BILLION
    * Q4 EARNINGS PER SHARE $1.32
    * Q4 ADJUSTED EARNINGS PER SHARE $1.22
    * Q4 EARNINGS PER SHARE VIEW $1.09, REVENUE VIEW $1.09
BILLION --
REFINITIV IBES DATA
    * SAYS PROVIDES INITIAL ESTIMATE FOR 2023 EPS OF
$5.80-$6.40, WITH
ADJUSTED EPS OF $6.50-$7.10
    * EXPECTS 2023 REVENUE TO BE UP APPROXIMATELY 6 PERCENT IN
TOTAL
AT MIDPOINT FROM 2022
    * FY2023 EARNINGS PER SHARE VIEW $6.67, REVENUE VIEW $4.76
BILLION
-- REFINITIV IBES DATA

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