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NORTH CANTON, Ohio , Feb. 28, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) is helping fund the futures of 20 students in pursuit of careers ranging from astrophysics to nursing. In an awards ceremony today, the company presented college scholarships to the children of Timken employees in the United States, India and France.
NORTH CANTON, Ohio , Feb. 18, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will participate in three upcoming investor conferences. Philip D. Fracassa, executive vice president and chief financial officer and Neil Frohnapple, vice president of investor relations, will participate in the Evercore ISI Industrial Conference on Tuesday, March 4, 2025, the D.A.
NORTH CANTON, Ohio , Feb. 14, 2025 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today declared a quarterly cash dividend of 34 cents per share. The dividend is payable on March 7, 2025, to shareholders of record as of Feb. 25, 2025.
Timken reports year-over-year declines in both Q4 top and bottom lines on weak volumes. For 2025, the company expects total revenues to decline in the band of 1-4%.
The Timken Company (NYSE:TKR ) Q4 2024 Earnings Call February 5, 2025 11:00 AM ET Company Participants Neil Frohnapple - Vice President, Investor Relations Tarak Mehta - President and Chief Executive Officer Phil Fracassa - Chief Financial Officer Conference Call Participants Steve Volkmann - Jefferies David Raso - Evercore ISI Bryan Blair - Oppenheimer & Co Kyle Menges - Citi Angel Castillo - Morgan Stanley Mike Shlisky - D.A. Davidson Tim Thein - Raymond James Steve Barger - KeyBanc Capital Markets Michael Feniger - Bank of America Joe Ritchie - Goldman Sachs Operator Good morning.
The headline numbers for Timken (TKR) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Timken (TKR) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $1.37 per share a year ago.
NORTH CANTON, Ohio , Feb. 5, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today announced that Christopher A. Coughlin, executive vice president and president, Industrial Motion, will retire at the end of the year after 41 years with the company.
Sales of $1.07 billion in the fourth quarter, down 1.6 percent from last year Fourth-quarter diluted EPS of $1.01; adjusted EPS of $1.16 Full-year 2024 diluted EPS of $4.99; adjusted EPS of $5.79 Cash from operations of $476 million; free cash flow of $306 million for the full year Company provides initial estimate for 2025 EPS of $4.30-$4.80, with adjusted EPS of $5.30-$5.80 (USD in millions) 4Q-24 4Q-23 % Change FY-2024 FY-2023 % Change Net Sales $1,073.6 $1,091.2 (1.6 %) $4,573.0 $4,769.0 (4.1 %) Net Income Margin 6.6 % 5.4 % 120 bps 7.7 % 8.3 % (60 bps) Adjusted EBITDA Margin 16.6 % 17.9 % (130 bps) 18.5 % 19.7 % (120 bps) Diluted EPS $1.01 $0.83 21.7 % $4.99 $5.47 (8.8 %) Adjusted EPS $1.16 $1.37 (15.3 %) $5.79 $7.05 (17.9 %) NORTH CANTON, Ohio , Feb. 5, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today reported fourth-quarter 2024 sales of $1.07 billion, down 1.6 pe
Timken (TKR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.