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TKR — Timken News Story

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Timken Co reports results for the quarter ended June 30 - Earnings Summary

Timken Co TKR.N reported quarterly adjusted earnings of $1.42​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.63.  The mean expectation of eleven analysts for the quarter was for earnings of $1.36 per share. Wall Street expected results to range from $1.30  to $1.44 per share.

Revenue fell 0.8% to $1.17 billion from a year ago; analysts expected $1.15 billion.

Timken Co's reported EPS for the quarter was $1.12​.

The company reported quarterly net income of $78.5 million.

Timken Co shares had risen by 11.6% this quarter and gained 13.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 4.6% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 8 "hold" and no "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 $82.00, about 1.2% above its last closing price of $80.98

This summary was machine generated from LSEG data July 30 at 01:31 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.361.42Beat
Mar. 31 20251.451.40Missed
Dec. 31 20240.991.16Beat
Sep. 30 20241.381.23Missed

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