TKR Stock Recent News

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.

The Timken Company, despite recent underperformance and reduced profitability, remains a strong long-term investment due to its diverse customer base and global reach. Recent financial results show declines in revenue and profits, but the company is taking steps to strengthen its position for 2025 and beyond. Shares are attractively priced on both an absolute basis and relative to similar firms, making it a compelling buy despite short-term challenges.

NORTH CANTON, Ohio , Jan. 21, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today announced the appointment of Kimberly K. (Kim) Ryan to its Board of Directors.

NORTH CANTON, Ohio , Jan. 15, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will release its 2024 fourth-quarter and full-year financial results on Wednesday, Feb. 5, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts.

TKR completes its previously announced acquisition of CGI to boost its capabilities.

NORTH CANTON, Ohio , Sept. 5, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today appointed Tarak Mehta the company's president and CEO.

NORTH CANTON, Ohio , Aug. 15, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will participate in the Jefferies Industrials Conference in New York City on Wednesday, Sept. 4, 2024, with a presentation scheduled at 7:30 a.m.