The Timken Company (NYSE:TKR) Q1 2024 Earnings Call Transcript
Q1 2024 Earnings Call April 30, 2024 The Timken Company misses on earnings expectations. Reported EPS is $1.37 EPS, expectations were $1.5. The Timken Company isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).
Timken Co. reports Q1 sales decreased but exceeded expectations
The Timken Co. reported first-quarter sales of $1.19 billion, a 5.7% decrease from last year's record quarter but greater than the average analyst estimate of $1.15 billion. As a result, the industrial motion company improved its outlook for the year ― previously a decrease of 2.
TKR Stock Earnings: Timken Beats EPS, Beats Revenue for Q1 2024
TKR stock results show that Timken beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of Musk’s “Project Omega” May Be Set to Mint New Millionaires.
The Timken Co (TKR) Q1 Earnings: Navigates Challenges, Adjusts Full-Year Outlook
Full-Year EPS Outlook: Raised to $5.10-$5.40, with adjusted EPS forecasted at $6.00-$6.30.
Timken: Q1 Earnings Snapshot
NORTH CANTON, Ohio — NORTH CANTON, Ohio — Timken Co. (TKR) on Tuesday reported first-quarter net income of $103.5 million. On a per-share basis, the North Canton, Ohio-based company said it had net income of $1.46. Earnings, adjusted for one-time gains and costs, were $1.77 per share.
Timken Co. Q1 Profit Decreases, but beats estimates
Timken Co. (TKR) announced a profit for first quarter that decreased from last year but beat the Street estimates. The company's
Timken (TKR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Timken (TKR) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Business Insider2d
Timken Company: Hold Rating Maintained Amid Mixed Market Signals and Modest Guidance Revision
Timken Company (TKR – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Joe Ritchie from Goldman Sachs maintained a Hold rating on the stock and ...
Despite Short-Term Pain, The Timken Company Is A Solid Prospect
The Timken Company is facing temporary weakness but is focused on the long haul. Find out why TKR stock is a Buy.
Barron's23d
Ball Bearings Make the World Go Round. Buy Timken Stock.
What do air fryers and wind turbines have in common? They both run onTimken parts. Timken is a dominant global player in highly engineered ball bearings and other components that are essential to ...
Loop Capital Markets Keeps Their Hold Rating on Timken Company (TKR)
In a report released today, Chris Dankert from Loop Capital Markets reiterated a Hold rating on Timken Company (TKR – Research Report), ...
Accumulate Timken India; target of Rs 4300: Asit C Mehta
Asit C Mehta recommended Accumulate rating on Timken India with a target price of Rs 4300 in its research report dated April 30 2024.
MarketWatch1mon
Timken Names ABB's Mehta to Succeed Kyle as President, CEO
Timken has hired ABB veteran Tarak Mehta to succeed Richard Kyle at the helm of the maker of engineered bearings and industrial motion products. Timken on Wednesday said Mehta, currently president ...
Analysts Conflicted on These Industrial Goods Names: Timken Company (TKR) and Eaton (ETN)
Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Timken Company (TKR – Research Report) ...
Timken Reports First-Quarter 2024 Results; Raises Full-Year Outlook
TKR; a global technology leader in engineered bearings and industrial motion, today reported first-quarter 2024 sales of $1.19 billion, down 5.7 percent from the same period a year ago. The decrease ...