Timken Q1 sales beat estimates

Timken Co

06/05/2026 11:59

Overview

U.S. engineered bearings maker's Q1 sales rose 8%, beating analyst expectations

Q1 adjusted EPS increased to $1.67, beating analyst expectations

Company raised 2026 outlook for EPS and adjusted EPS

Outlook

Timken raises 2026 full-year EPS outlook to $4.70-$5.20

Company expects 2026 adjusted EPS of $5.75-$6.25

Timken sees 2026 revenue up about 5% at midpoint from 2025

Result Drivers

HIGHER PRICING - Co said sales growth in both segments was driven in part by higher pricing

FAVORABLE CURRENCY - Co cited favorable foreign currency translation as a contributor to sales growth

INDUSTRIAL MOTION DEMAND - Co said higher demand across most sectors drove Industrial Motion segment sales

Company press release: ID:nPn5KL38sa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$1.23 bln
$1.17 bln (10 Analysts)
Q1 Adjusted EPS
Beat
$1.67
$1.49 (12 Analysts)
Q1 EPS
$1.40
Q1 Adjusted Net Income
Beat
$117.30 mln
$103.62 mln (8 Analysts)
Q1 Net Income
$98.20 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 6 "hold" and 1 "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 $117.00, about 6.7% above its May 5 closing price of $109.63

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 16 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)