Timken Co reports results for the quarter ended December 31 - Earnings Summary

Timken

05/02/2025 14:32

* Timken Co  TKR.N  reported quarterly adjusted earnings of
$1.16​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of
$1.37.  The mean expectation of twelve analysts for the quarter
was for earnings of 99 cents per share. Wall Street expected
results to range from 93 cents to $1.08 per share.
    * Revenue fell 1.6% to $1.07 billion from a year ago;
analysts
expected $1.07 billion. 
    * Timken Co's reported EPS for the quarter was $1.01​.
    * The company reported quarterly net income of $71.2
million.
    * Timken Co shares had risen by 10.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 14.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Timken Co is
$90.50 
This summary was machine generated from LSEG data February 5 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.99           1.16           Beat
 Sep. 30 2024      1.38           1.23           Missed
 Jun. 30 2024      1.60           1.63           Beat
 Mar. 31 2024      1.51           1.77           Beat