The Timken Company Announces CEO Transition
- Tarak B. Mehta departing as CEO and director, effective immediately Richard G. Kyle appointed interim president and CEO Comprehensive CEO search process underway NORTH CANTON, Ohio , March 31, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) Board of Directors today announced that, effective immediately, Tarak B.
- 03/31/2025
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Bearings Market Outlook & Forecast Report 2025-2030: Competitive Industry Sees Innovations in Hybrid, Self-Lubricating, and Energy-Efficient Solutions, with SKF, NTN, Schaeffler, and Timken Leading Competition
- Dublin, March 12, 2025 (GLOBE NEWSWIRE) -- The "Bearings Market - Outlook & Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering. The Bearings Market was valued at USD 54.1 billion in 2024, and is projected to reach USD 78.45 billion by 2030, rising at a CAGR of 6.39%.
- 03/12/2025
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Timken Recognized by Ethisphere as One of World's Most Ethical Companies® for 14th Time
- Honor highlights commitment to ethical business practices, compliance and effective governance NORTH CANTON, Ohio , March 11, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, has been named a 2025 World's Most Ethical Companies ® honoree by Ethisphere, a leader in defining and advancing the standards of ethical business practices. "At Timken, we focus on doing business the right way," said Tarak B.
- 03/11/2025
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Timken to Participate in the BofA Global Research Global Industrials Conference
- NORTH CANTON, Ohio , March 10, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will participate in the BofA Global Research Global Industrials Conference in London on Tuesday, March 18, 2025. Participating on behalf of Timken will be Philip D.
- 03/10/2025
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Timken Awards $540,000 in Scholarships to Cultivate Young Talent Around the World
- 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.
- 02/28/2025
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Timken to Participate in Upcoming Investor Conferences
- 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.
- 02/18/2025
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Timken Declares Quarterly Dividend of 34 Cents Per Share
- 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.
- 02/14/2025
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TKR Q4 Earnings Beat Estimates, Decline 15% Y/Y on Weak Demand
- 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%.
- 02/06/2025
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The Timken Company (TKR) Q4 2024 Earnings Call Transcript
- 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.
- 02/05/2025
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Timken (TKR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
- 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.
- 02/05/2025
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Timken (TKR) Q4 Earnings and Revenues Surpass Estimates
- 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.
- 02/05/2025
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Timken Announces Planned Retirement of Christopher A. Coughlin, EVP & President, Industrial Motion
- 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.
- 02/05/2025
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Timken Reports Fourth-Quarter and Full-Year 2024 Results
- 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 percent from the same period a year ago. The decrease was driven primarily by lower end-market demand in Europe and unfavorable foreign currency translation, partially offset by the benefit of acquisitions.
- 02/05/2025
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Timken (TKR) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
- 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.
- 01/29/2025
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The Timken Company: A Value Play Worth Considering
- 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.
- 01/24/2025
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Timken Adds Kim Ryan, Hillenbrand President and CEO, to Board of Directors
- 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.
- 01/21/2025
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Timken to Announce Fourth-Quarter and Full-Year 2024 Financial Results on Feb. 5
- 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.
- 01/15/2025
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Forging Ahead: 2 Stocks Fueling the Manufacturing Revival
- The manufacturing sector is a cornerstone of the American economy, and it is experiencing a revival. Technological advancements and a renewed focus on sustainability drive this revival.
- 12/26/2024
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Timken Rings NYSE Opening Bell, Celebrating 125 Years of Innovation
- NORTH CANTON, Ohio , Dec. 13, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, rang the opening bell today at the New York Stock Exchange (NYSE) in celebration of 125 years of continually creating solutions and innovations for a world in motion. President and CEO Tarak Mehta joined the board of directors and company leaders on the podium at the NYSE, where Timken has been listed since 1922.
- 12/13/2024
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Medincell and AIC Unveil New Positive Phase 3 Results for mdc-CWM: Major Subgroup Analysis Shows Reduced Pain and Opioid Use, and Accelerated Rehabilitation following Total Knee Replacement
- MONTPELLIER, France--(BUSINESS WIRE)--Analysis of a major subgroup of patients undergoing a first Total Knee Replacement (TKR), representing over 70% of the trial population (108 out of 151), revealed the following benefits when comparing patients treated with F14/mdc-CWM (n=51) to those in the control group (n=57)1: 70% reduction in the number of opioid users at 3 months post-surgery, 28% reduction in the total quantity of opioids consumed during the first 3 months post-surgery, Lower daily kn.
- 12/09/2024
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Why Is Timken (TKR) Down 2.5% Since Last Earnings Report?
- Timken (TKR) reported earnings 30 days ago. What's next for the stock?
- 12/05/2024
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Timken Recognized by Newsweek as One of America's Most Responsible Companies for Fifth Straight Year
- NORTH CANTON, Ohio , Dec. 4, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com, a global technology leader in engineered bearings and industrial motion, has been recognized by Newsweek and Statista Inc. as one of America's Most Responsible Companies for the fifth year in a row. This honor reflects the company's continued commitment to improve the lives of individuals and communities, benefit the planet and strengthen its business through corporate social responsibility (CSR).
- 12/04/2024
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Timken to Participate in Upcoming Investor Conferences
- NORTH CANTON, Ohio , Nov. 20, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will participate in two upcoming investor conferences. Neil Frohnapple, vice president of investor relations will participate in the Goldman Sachs Industrials Conference on Wednesday, Dec. 4, 2024.
- 11/20/2024
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TKR Stock Slips 8% Since Posting Q3 Earnings Miss & Y/Y Revenue Dip
- Timken reports year-over-year declines in the top and bottom lines in Q3 on weak volumes.
- 11/12/2024
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Unlocking Timken (TKR) International Revenues: Trends, Surprises, and Prospects
- Evaluate Timken's (TKR) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
- 11/11/2024
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Timken Declares Quarterly Dividend of 34 Cents Per Share
- NORTH CANTON, Ohio , Nov. 8, 2024 /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 Nov. 29, 2024, to shareholders of record as of Nov. 19, 2024.
- 11/08/2024
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The Timken Company (TKR) Q3 2024 Earnings Call Transcript
- The Timken Company (NYSE:TKR ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Neil Frohnapple - VP, IR Tarak Mehta - President and CEO Philip Fracassa - EVP and CFO Conference Call Participants Stephen Volkmann - Jefferies Bryan Blair - Oppenheimer David Raso - Evercore ISI Mike Shlisky - D.A. Davidson Steve Barger - KeyBanc Capital Markets Joe Ritchie - Goldman Sachs Michael Feniger - Bank of America Tim Thein - Raymond James Operator Good morning.
- 11/05/2024
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Timken (TKR) Reports Q3 Earnings: What Key Metrics Have to Say
- While the top- and bottom-line numbers for Timken (TKR) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 11/05/2024
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Timken (TKR) Misses Q3 Earnings Estimates
- Timken (TKR) came out with quarterly earnings of $1.23 per share, missing the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.55 per share a year ago.
- 11/05/2024
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Timken Reports Third-Quarter 2024 Results
- Sales of $1.13 billion, down 1.4 percent from last year Third-quarter earnings per share of $1.16; adjusted EPS of $1.23 Cash from operations of $123 million and free cash flow of $88 million Updates full-year 2024 outlook; now expects EPS of $4.65-$4.75, with adjusted EPS of $5.55-$5.65 NORTH CANTON, Ohio , Nov. 5, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today reported third-quarter 2024 sales of $1.13 billion, down 1.4 percent from the same period a year ago. The decrease was driven primarily by lower end-market demand in Europe and China, partially offset by the benefit of acquisitions.
- 11/05/2024
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Analysts Estimate Timken (TKR) to Report a Decline in Earnings: What to Look Out for
- Timken (TKR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/29/2024
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Timken: Drooping Now, But Watch For Gains Again In Coming Years
- The Timken Company's share price is expected to rise nearly 6% in the coming year due to market stabilization in Chinese wind energy, new products, and improved productivity. Timken, a leader in engineered bearings and industrial motion products, has competitive advantages and solid financial metrics. Despite short-term challenges, Timken's growth prospects are promising, with positive indicators for 2025 and beyond.
- 10/19/2024
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Timken to Announce Third-Quarter 2024 Financial Results on Nov. 5
- NORTH CANTON, Ohio , Oct. 14, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will release its third-quarter 2024 financial results on Tuesday, Nov. 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.
- 10/14/2024
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Timken Expands Its Automation Portfolio With Acquisition of CGI
- TKR completes its previously announced acquisition of CGI to boost its capabilities.
- 09/11/2024
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Timken Completes Acquisition of CGI, Inc.
- NORTH CANTON, Ohio , Sept. 10, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com ), a global technology leader in engineered bearings and industrial motion, has completed its previously announced acquisition of CGI, Inc. CGI, Inc. manufactures precision drive systems serving a broad range of automation markets with a concentration in medical robotics.
- 09/10/2024
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Tarak Mehta Appointed President and CEO of The Timken Company
- 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.
- 09/05/2024
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Timken Releases CSR Report, Celebrating 125 Years as Strong Corporate Citizen
- NORTH CANTON, Ohio , Aug. 29, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today issued its corporate social responsibility (CSR) report, providing an update on the company's actions to improve the lives of individuals and communities, benefit the planet and strengthen its business. "Our deep experience and specialized expertise provide us with a unique perspective and ability to navigate a rapidly changing world together," said Richard G.
- 08/29/2024
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Timken to Participate in the Jefferies Industrials Conference
- 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.
- 08/15/2024
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Timken Adds Todd Leombruno, Parker Hannifin Executive VP and CFO, to its Board of Directors
- NORTH CANTON, Ohio , Aug. 7, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today announced the appointment of Todd M. Leombruno to its Board of Directors.
- 08/07/2024
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Timken (TKR) Shares Decline 7% Despite Q2 Earnings Beat
- Timken (TKR) expects adjusted EPS of $6.00-$6.20 for 2024 compared with the prior stated $6.00-$6.30.
- 08/07/2024
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The Timken Company: A Cheap Prospect Experiencing Temporary Woes
- The Timken Company's stock has dropped 4.8% since being rated a 'buy' in April, due in part to recent lower guidance for 2024. Revenue, profits, and cash flows have all declined year over year, but the company remains attractively priced and shows signs of improvement. Debt levels have slightly decreased as of late, and the company's financial performance, while weaker, still supports a 'buy' rating.
- 08/07/2024
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Timken Declares Quarterly Dividend of 34 Cents Per Share
- NORTH CANTON, Ohio , Aug. 7, 2024 /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 Aug. 30, 2024, to shareholders of record as of Aug. 20, 2024.
- 08/07/2024
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International Markets and Timken (TKR): A Deep Dive for Investors
- Explore how Timken's (TKR) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
- 08/05/2024
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Timken to Expand Motion-Control Platform, Capabilities with Acquisition of CGI Inc.
- Addition will create unmatched portfolio of precision drives NORTH CANTON, Ohio , Aug. 5, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com ), a global technology leader in engineered bearings and industrial motion, has agreed to acquire CGI Inc., a Nevada-based manufacturer of precision drive systems serving a broad range of automation markets with a concentration in medical robotics. The deal is subject to customary closing conditions, including regulatory approval, and is expected to close in the third quarter.
- 08/05/2024
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Timken (TKR) Reports Q2 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for Timken (TKR) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 07/31/2024
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Timken (TKR) Q2 Earnings and Revenues Top Estimates
- Timken (TKR) came out with quarterly earnings of $1.63 per share, beating the Zacks Consensus Estimate of $1.60 per share. This compares to earnings of $2.01 per share a year ago.
- 07/31/2024
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Timken Reports Second-Quarter 2024 Results
- Sales of $1.18 billion, in line with company expectations Second-quarter earnings per share of $1.36; adjusted EPS of $1.63 Net income margin of 8.1 percent; adjusted EBITDA margin of 19.5 percent Updates full-year 2024 outlook; now expects EPS of $5.00-$5.20, with adjusted EPS of $6.00-$6.20 NORTH CANTON, Ohio , July 31, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today reported second-quarter 2024 sales of $1.18 billion, down 7.1 percent from last year's record level. Organically, sales were down 7.7 percent, with most of the decline attributable to significantly lower renewable energy demand in China.
- 07/31/2024
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Timken (TKR) Expected to Beat Earnings Estimates: Should You Buy?
- 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.
- 07/24/2024
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Will Timken (TKR) Beat Estimates Again in Its Next Earnings Report?
- Timken (TKR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 07/22/2024
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Timken to Announce Second-Quarter 2024 Financial Results on July 31
- NORTH CANTON, Ohio , July 10, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will release its second-quarter 2024 financial results on Wednesday, July 31, 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.
- 07/10/2024
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Timken Recognized as Top Workplace by Both Newsweek and U.S. News & World Report
- NORTH CANTON, Ohio , July 9, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, has been recognized among Newsweek's America's Greatest Workplaces and U.S. News & World Report's Best Companies to Work For. The Newsweek ranking is based on a study by data research firm Plant-A Insights, which collected over 1.5 million comprehensive company reviews from more than 250,000 employees.
- 07/09/2024
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Zacks Industry Outlook AB SKF, The Timken, ESAB, Kaiser Aluminum and Northwest Pipe
- AB SKF, The Timken, ESAB, Kaiser Aluminum and Northwest Pipe have been highlighted in this Industry Outlook article.
- 06/10/2024
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5 Metal Fabrication Stocks to Watch Amid Improving Industry Trends
- Easing supply-chain issues and solid end-market demand should aid the Metal Products - Procurement and Fabrication industry's growth. SKFRY, TKR, ESAB, KALU and NWPX are some stocks to watch, backed by their healthy growth prospects.
- 06/07/2024
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Why Is Timken (TKR) Down 4% Since Last Earnings Report?
- Timken (TKR) reported earnings 30 days ago. What's next for the stock?
- 05/30/2024
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Global Wind Turbine Gearbox Repair and Refurbishment Industry Analysis 2020-2024 & 2030 with Key Recommendations - Strategic Partnerships and Collaborations, Expansion of Service Offerings - ResearchAndMarkets.com
- DUBLIN--(BUSINESS WIRE)--The "Global Wind Turbine Gearbox Repair and Refurbishment Market (2024 Edition): Analysis By Type (Repair, Refurbishment), By Service Type, By Location of Deployment, By Region, By Country: Market Insights and Forecast (2020-2030)" report has been added to ResearchAndMarkets.com's offering. The Global Wind Turbine Gearbox Repair and Refurbishment market showcased growth at a CAGR of 3.85% during 2020-2023. The market was valued at USD 4.7 Billion in 2023 which is expected to reach USD 6.2 Billion in 2030. This research report provides a complete analysis for the historical period of 2020-2023, the estimates of 2024 and the forecast period of 2025-2030. The report analyses the Wind Turbine Gearbox Repair and Refurbishment Market by Region (Americas, Europe, Asia Pacific, Middle East and Africa) and 10 Countries (United States, Canada, Brazil, United Kingdom, Germany, France, China, Japan, India and South Korea). The world's transition to renewable energy is still happening quickly because of rapidly declining costs, advancing technology, and more favorable policy frameworks. An increased market exists for servicing, with gearbox repair and refurbishment accounting for a large portion of the annually increase in wind-turbine installations. As the flood of new demand comes out, the industry is ready to meet it. Many types of faults can quickly arise during operation, leading to significant losses. When the wind turbine gearbox isn't operating as efficiently as it should, the owner and business could suffer significant financial losses. In addition, the complex mechanical construction and unique motion of wind turbine gearboxes have traditionally contributed to their high failure rate. There is a greater demand for servicing and maintenance, of which gearbox repair and refurbishing make up a large portion, as wind turbine installations increase annually. Due to the large number of wind turbines that are now in operation that are getting closer to the end of their useful lives and require more frequent maintenance, the wind turbine repair market is growing. Wind turbines are an expensive investment even if they are a renewable energy source. Therefore, it's critical to comprehend the expenses related to machine maintenance. Today, regular wind turbine servicing and maintenance is a significant global market that is growing with each new turbine that is put into service. The type of turbine, its age, the location of installation, and the quantity of wind energy generated are only a few of the considerations that affect how frequently a turbine needs maintenance. More regular maintenance is needed for some wind turbine than for others. For instance, compared to vertical axis wind turbines (VAWTs), horizontal axis wind turbines (HAWTs) typically require more maintenance. Every turbine using a conventional gearbox drivetrain technology may be eligible for a significant gearbox overhaul a few years later. The gearbox ought to endure extremely high cycle loads for 20 to 25 years. When powering up, torque is typically high and can be quite high during emergency shutdowns. A high degree of malfunction in the gear box can become a major issue, causing extended production stoppages and necessitating the use of a tool to disassemble the damaged and defective component and replace it with a repaired or refurbished one. The decision between refurbishing and restructuring ultimately comes down to a number of parameters, including the goals of the project, the available funds, the state of the new site, and any applicable regulations. In order to make well-informed decisions that optimize energy output and guarantee long-term reliability, stakeholders and engineers must carefully consider these issues. Preventive and predictive maintenance is used by wind turbine operators to maintain the machinery's optimal performance and warranty compliance. Large wind farm OEMs and gearbox service providers are focusing on the locations with the highest concentration of wind farms. Therefore, the OEMs continue to underserve areas with a low concentration of wind turbines. This offers determined independent service providers a chance to carve out a niche and focus on servicing gearboxes in ignored locations. The gearbox systems are among the most essential components of equipment in terms of wind energy technology advancements. The manufacturers of gearboxes can now select bearings designed for different operating circumstances and create gearboxes with fewer crucial components as a result of recent technical advancements. These developments have made gearbox reliability better under a range of operating conditions. It is expected that the reduced need for gearbox maintenance and refurbishing services will come from the increased reliability. Scope of the Report The report analyses the Wind Turbine Gearbox Repair and Refurbishment Market by Value (USD Million). The report analyses the Wind Turbine Gearbox Repair and Refurbishment Market by Region (Americas, Europe, Asia Pacific, Middle East and Africa) and 10 Countries (United States, Canada, Brazil, United Kingdom, Germany, France, China, Japan, India and South Korea). The report presents the analysis of Wind Turbine Gearbox Repair and Refurbishment Market for the historical period of 2020-2023, the estimated year 2024 and the forecast period of 2025-2030. The report analyses the Wind Turbine Gearbox Repair and Refurbishment Market By Type (Repair, Refurbishment). The report analyses the Wind Turbine Gearbox Repair and Refurbishment Market By Service Type (Bearing, Gear, Shaft, Other Faults). The report analyses the Wind Turbine Gearbox Repair and Refurbishment Market By Location of Deployment (Onshore, Offshore). The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by type, by service type and by location of deployment. Also, the major opportunities, trends, drivers, and challenges of the industry has been analyzed in the report. The report tracks competitive developments, strategies, mergers and acquisitions and new product development. Analyst Recommendations Strategic Partnerships and Collaborations Expansion of Service Offerings Competitive Positioning Companies' Product Positioning Market Position Matrix Market Share Analysis of Global Wind Turbine Gearbox Repair and Refurbishment Market Company Profiles Siemens Gamesa Renewable Energy SA ZF Friedrichshafen AG Stork Gears & Services BV Winergy AG Grenaa Motorfabrik A/S Dana Brevini SPA Enercon GmbH Turbine Repair Solutions H&N Wind Power System by Timken ME Production A/S For more information about this report visit https://www.researchandmarkets.com/r/41auon About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
- 05/20/2024
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Private Advisor Group LLC Invests $524,000 in The Timken Company (NYSE:TKR)
- Private Advisor Group LLC bought a new stake in The Timken Company (NYSE:TKR – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,544 shares of the industrial products company’s stock, valued at approximately $524,000. Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC acquired a new position in Timken in the fourth quarter valued at $35,000. Anchor Investment Management LLC purchased a new stake in shares of Timken during the 4th quarter worth about $58,000. Amica Retiree Medical Trust purchased a new stake in shares of Timken during the 3rd quarter worth about $75,000. Quent Capital LLC raised its holdings in Timken by 50.4% in the fourth quarter. Quent Capital LLC now owns 1,018 shares of the industrial products company’s stock valued at $82,000 after buying an additional 341 shares during the period. Finally, Ramirez Asset Management Inc. acquired a new position in Timken during the third quarter valued at approximately $81,000. Institutional investors and hedge funds own 89.08% of the company’s stock. Analyst Upgrades and Downgrades A number of brokerages have recently commented on TKR. Oppenheimer reissued an “outperform” rating and issued a $100.00 target price (up previously from $97.00) on shares of Timken in a research note on Thursday, March 21st. Evercore ISI downgraded Timken from an “outperform” rating to an “in-line” rating and set a $84.00 target price on the stock. in a report on Tuesday, February 20th. Loop Capital upped their price target on Timken from $78.00 to $87.00 and gave the stock a “hold” rating in a report on Wednesday, May 1st. DA Davidson began coverage on shares of Timken in a research note on Tuesday, January 23rd. They set a “buy” rating and a $92.00 price objective on the stock. Finally, The Goldman Sachs Group upped their target price on shares of Timken from $78.00 to $87.00 and gave the company a “neutral” rating in a research note on Tuesday, February 6th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $87.09. View Our Latest Report on TKR Timken Stock Performance Timken stock opened at $90.63 on Monday. The company has a fifty day moving average price of $87.47 and a two-hundred day moving average price of $81.61. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.87 and a quick ratio of 1.02. The Timken Company has a 12 month low of $65.71 and a 12 month high of $95.08. The company has a market cap of $6.38 billion, a PE ratio of 17.26, a P/E/G ratio of 1.22 and a beta of 1.51. Timken (NYSE:TKR – Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The industrial products company reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.50 by $0.27. Timken had a net margin of 7.99% and a return on equity of 17.98%. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the business earned $2.09 earnings per share. Timken’s quarterly revenue was down 5.7% on a year-over-year basis. Research analysts expect that The Timken Company will post 6.18 earnings per share for the current year. Timken Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 28th. Investors of record on Tuesday, May 14th will be paid a dividend of $0.34 per share. This is an increase from Timken’s previous quarterly dividend of $0.33. This represents a $1.36 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend is Monday, May 13th. Timken’s dividend payout ratio is presently 25.90%. Insider Buying and Selling at Timken In other news, CFO Philip D. Fracassa sold 10,000 shares of the company’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $89.76, for a total transaction of $897,600.00. Following the completion of the transaction, the chief financial officer now owns 105,541 shares in the company, valued at $9,473,360.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CFO Philip D. Fracassa sold 10,000 shares of the stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $89.76, for a total value of $897,600.00. Following the completion of the transaction, the chief financial officer now directly owns 105,541 shares of the company’s stock, valued at approximately $9,473,360.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Christopher A. Coughlin sold 29,006 shares of Timken stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $89.30, for a total value of $2,590,235.80. Following the sale, the executive vice president now directly owns 84,995 shares in the company, valued at approximately $7,590,053.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 59,006 shares of company stock worth $5,269,636. 8.70% of the stock is owned by insiders. About Timken (Free Report) The Timken Company designs, manufactures, and sells engineered bearings and industrial motion products, and related services in the United States and internationally. The company's Engineered Bearings segment provides various bearing products, including tapered, spherical, and cylindrical roller bearings; plain bearings, metal-polymer bearings, and rod end bearings; radial, angular, and precision ball bearings; thrust and specialty ball bearings; journal bearings; and housed or mounted bearings.
- 05/20/2024
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Timken Prices €600 Million Senior Notes Due in 2034
- NORTH CANTON, Ohio , May 16, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR), a global technology leader in engineered bearings and industrial motion, today announced the pricing of €600 million aggregate principal amount of 4.125% senior unsecured notes due in 2034 (the "Notes") in an underwritten public offering. The Notes will be issued at 98.832% of par, and the offering is expected to close on or about May 23, 2024, subject to the satisfaction of customary closing conditions.
- 05/16/2024
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Timken to Participate in the KeyBanc Industrials & Basic Materials Conference
- NORTH CANTON, Ohio , May 16, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will participate in the KeyBanc Industrials & Basic Materials Conference on Thursday, May 30, 2024 in Boston, Mass. Participating on behalf of Timken will be Richard G.
- 05/16/2024
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11 Upcoming Dividend Increases Including A King
- Dividend King MSA Safety Incorporated extends its 53-year dividend growth streak with an 8.5% increase. Companies on the list have dividend streaks ranging from 6 to 31 years, with an average increase of 7.6%.
- 05/09/2024
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3 Intriguing Stocks to Buy After Beating Q1 Earnings Expectations
- Several top-rated Zacks stocks are standing out after exceeding their first quarter earnings expectations earlier in the week and could certainly move higher.
- 05/03/2024
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Timken (TKR) Tops Q1 Earnings Estimates, Raises '24 View
- Timken (TKR) witnesses year-over-year declines in Q1 revenues and earnings from the record levels reported last year due to low volumes.
- 05/03/2024
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Timken Raises Quarterly Dividend to 34 Cents Per Share, Marking 11 Years of Increases
- NORTH CANTON, Ohio , May 3, 2024 /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 approved a 3 percent increase in the company's quarterly cash dividend, raising it to 34 cents per share. The dividend is payable on May 28, 2024, to shareholders of record as of May 14, 2024.
- 05/03/2024
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The Timken Company (TKR) Q1 2024 Earnings Call Transcript
- The Timken Company (NYSE:TKR ) Q1 2024 Earnings Conference Call April 30, 2024 11:00 AM ET Company Participants Meghan Elmblad - Interim Manager-Investor Relations Richard Kyle - President and Chief Executive Officer Philip Fracassa - Executive Vice President and Chief Financial Officer Conference Call Participants Brian Blair - Oppenheimer Steve Barger - KeyBanc Chris Dankert - Loop Capital Operator Good morning, all. My name is Lydia and I'll be your conference operator today.
- 04/30/2024
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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.
- 04/30/2024
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Timken Reports First-Quarter 2024 Results; Raises Full-Year Outlook
- Sales of $1.19 billion, down 5.7 percent from last year First-quarter earnings per share of $1.46; adjusted EPS of $1.77 Strong margin performance in the quarter, with net income margin of 8.7 percent and adjusted EBITDA margin of 20.7 percent Raises full-year 2024 outlook; now expects EPS of $5.10-$5.40, with adjusted EPS of $6.00-$6.30, on improved organic revenue NORTH CANTON, Ohio , April 30, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), 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 was driven by lower demand, including a significant decline in renewable energy in China, and unfavorable foreign currency translation, partially offset by the benefit of acquisitions (net of divestitures) and favorable pricing.
- 04/30/2024
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Scoop up These 4 GARP Stocks to Receive Handsome Returns
- The GARP strategy helps investors gain exposure to stocks that have impressive prospects and are trading at a discount. HUBB, CAT, TKR and HCA are some stocks that hold promise.
- 04/24/2024
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Timken (TKR) Expected to Beat Earnings Estimates: Should You Buy?
- 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.
- 04/23/2024
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Are Investors Undervaluing The Timken Company (TKR) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/23/2024
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Top 5 Industrial Product Stocks Set to Beat on Earnings
- We have narrowed our search to five industrial product stocks that are poised to beat on earnings results next week. These are: AIT, GTLS, ATMU, IR, TKR.
- 04/23/2024
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TKR vs. ESAB: Which Stock Should Value Investors Buy Now?
- Investors interested in Metal Products - Procurement and Fabrication stocks are likely familiar with Timken (TKR) and Esab (ESAB). But which of these two stocks presents investors with the better value opportunity right now?
- 04/22/2024
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Timken Recognized by Fortune as one of America's Most Innovative Companies
- NORTH CANTON, Ohio , April 16, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been named to Fortune's list of America's Most Innovative Companies for the second straight year. "For 125 years, Timken has worked side-by-side with customers across diverse industries to engineer solutions for their most challenging problems," said Richard G.
- 04/16/2024
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Timken to Announce First-Quarter 2024 Financial Results on April 30
- NORTH CANTON, Ohio , April 11, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its first-quarter 2024 financial results on Tuesday, April 30, 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.
- 04/11/2024
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The Timken Company Announces CEO Succession Plan
- Industry executive Tarak Mehta named Timken's next president and CEO Richard G. Kyle to retire as Timken president and CEO; will remain on the Timken Board of Directors NORTH CANTON, Ohio , March 27, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) Board of Directors has reached an agreement with Tarak Mehta to become Timken's next president and chief executive officer on Sept.
- 03/27/2024
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Timken Issues 2023 Annual Report, Highlighting Record Results
- NORTH CANTON, Ohio, March 14, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has released its 2023 Annual Report, marking another year of revenue growth, expanded margins and record adjusted earnings per share. "As the company celebrates its 125th anniversary in 2024, our customer-focused innovations are more critical and relevant than ever in addressing the new needs and challenges of a diverse global customer base and end-market mix," said Richard G.
- 03/14/2024
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Timken to Participate in the BofA Global Research Global Industrials Conference
- NORTH CANTON, Ohio , March 12, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the BofA Global Research Global Industrials Conference in London on Tuesday, March 19, 2024. Participating on behalf of Timken will be Philip D.
- 03/12/2024
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Timken (TKR) Up 2.5% Since Last Earnings Report: Can It Continue?
- Timken (TKR) reported earnings 30 days ago. What's next for the stock?
- 03/06/2024
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Timken Named One of World's Most Ethical Companies® by Ethisphere for 13th Time
- Recognition highlights company's commitment to business integrity through robust ethics, compliance and governance programs NORTH CANTON, Ohio , March 4, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has received the 2024 World's Most Ethical Companies® recognition from Ethisphere, a leader in defining and advancing the standards of ethical business practices. "Ethics and integrity are part of our core values and guide our employees' actions every day," said Richard G.
- 03/04/2024
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Timken to Participate in the Evercore ISI Industrial Conference
- NORTH CANTON, Ohio , Feb. 29, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the Evercore ISI Industrial Conference on March 5, 2024. Participating on behalf of Timken will be Philip D.
- 02/29/2024
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NHYDY vs. TKR: Which Stock Should Value Investors Buy Now?
- Investors looking for stocks in the Metal Products - Procurement and Fabrication sector might want to consider either Norsk Hydro ASA (NHYDY) or Timken (TKR). But which of these two stocks is more attractive to value investors?
- 02/26/2024
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Timken (TKR) Earnings Beat Estimates in Q4, Increase Y/Y
- Timken (TKR) reports record adjusted earnings and revenues in 2023.
- 02/06/2024
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The Timken Company (TKR) Q4 2023 Earnings Call Transcript
- The Timken Company (TKR) Q4 2023 Earnings Call Transcript
- 02/05/2024
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Timken (TKR) Reports Q4 Earnings: What Key Metrics Have to Say
- The headline numbers for Timken (TKR) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 02/05/2024
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Should You Buy Timken (TKR) Ahead of Earnings?
- Timken (TKR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 02/02/2024
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The Timken Company: Still Looking Good Into 2024
- The Timken Company's shares have rallied in the fourth quarter on the back of improved growth prospects and non-demanding valuations. The company produces bearings, power transmission products, and related products and services for various industries, and simply has become a better business over time. Despite a softer third quarter, I see further growth in 2024 and prospects for a valuation re-rating.
- 02/01/2024
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Timken (TKR) Earnings Expected to Grow: Should You Buy?
- 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.
- 01/29/2024
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The Timken Company: Steady Wins The Race
- The market mix that TKR has is impressive and has led to strong revenue growth in the last few years. With steady growth like it has had, I think a higher valuation makes sense. The upside here is in the double digits, and that leaves me to rate TKR a buy for investors seeking a well-run and well-diversified business.
- 12/01/2023
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Timken Company: Compounding Value Via Long-Term ROE And FCF Per Share
- Timken Company is a long-term compounder with a history of predictable cash flows and strong customer networks. TKR has created immense wealth for its owners over the years by producing 15–20% returns on equity capital for the last decade. The company's sensible approach to capital allocation and attractive valuations make it a compelling investment opportunity.
- 11/28/2023
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Pricing Actions, Acquisitions Aid Timken (TKR) Amid High Costs
- Timken (TKR) is benefiting from the healthy demand in its end markets, recent acquisitions and pricing actions.
- 11/21/2023
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Timken (TKR) Misses Earnings Estimates in Q3, Lowers Guidance
- Timken's (TKR) Q3 top line reflects benefits from higher pricing and acquisitions, offset by lower volumes.
- 11/07/2023
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The Timken Company (TKR) Q3 2023 Earnings Call Transcript
- The Timken Company (NYSE:TKR ) Q3 2023 Earnings Conference Call November 1, 2023 11:00 AM ET Company Participants Neil Frohnapple - Director, IR Richard Kyle - President & CEO Philip Fracassa - EVP & CFO Conference Call Participants Stephen Volkmann - Jefferies David Raso - Evercore ISI Robert Wertheimer - Melius Research Jacob Moore - KeyBanc Capital Markets Timothy Thein - Citi Michael Feniger - Bank of America Operator Good morning and welcome to Timken's Third Quarter Earnings Release Conference Call. My name is Lidia and I will be your conference operator today.
- 11/01/2023
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Timken to Announce Third-Quarter 2023 Financial Results on Nov. 1
- NORTH CANTON, Ohio , Oct. 13, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its third-quarter 2023 financial results on Wednesday, Nov. 1, 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.
- 10/13/2023
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Timken (TKR) Buys Rosa Sistemi to Boost Linear Motion Offerings
- Timken (TKR) acquires Rosa Sistemi to further advance its linear motion portfolio and expand its geographical footprint.
- 10/03/2023
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RTX and Timken Hit the Casualty List
- The harsh market climate of August and September has left quite a few stocks selling for what I consider bargain prices.
- 10/02/2023
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Timken (TKR) Acquires Des-Case to Strengthen Its Portfolio
- Timken (TKR) buys Des-Case, a manufacturer of specialty filtration products, to boost its portfolio.
- 09/06/2023
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Pricing Actions, Strong Demand Aid Timken (TKR) Amid High Costs
- Timken (TKR) is benefiting from the healthy demand in its end markets, recent acquisitions and pricing actions.
- 08/29/2023
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Timken (TKR) Misses Earnings Estimates in Q2, Lowers Guidance
- Timken's (TKR) earnings and revenues increase y/y in the second quarter.
- 08/07/2023
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The Timken Company (TKR) Q2 2023 Earnings Call Transcript
- The Timken Company (NYSE:TKR ) Q2 2023 Earnings Conference Call August 3, 2023 11:00 AM ET Company Participants Neil Frohnapple - Director, IR Richard Kyle - President & CEO Philip Fracassa - EVP & CFO Conference Call Participants Stephen Volkmann - Jefferies Bryan Blair - Oppenheimer Robert Wertheimer - Melius Research Stephen Barger - KeyBanc Capital Markets Michael Feniger - Bank of America Operator Good morning. My name is Brika, and I will be your conference operator for today.
- 08/03/2023
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Timken (TKR) Reports Q2 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for Timken (TKR) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 08/03/2023
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Why Timken Stock Is Down Today
- Timken generated strong results in the most recent quarter, but they didn't quite meet expectations. The company also lowered full-year guidance to reflect current sales trends and the uncertain economic outlook.
- 08/03/2023
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Timken (TKR) Q2 Earnings and Revenues Miss Estimates
- Timken (TKR) came out with quarterly earnings of $2.01 per share, missing the Zacks Consensus Estimate of $2.07 per share. This compares to earnings of $1.67 per share a year ago.
- 08/03/2023
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Are You Looking for a Top Momentum Pick? Why Timken (TKR) is a Great Choice
- Does Timken (TKR) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 07/21/2023
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3 Reasons Growth Investors Will Love Timken (TKR)
- Timken (TKR) could produce exceptional returns because of its solid growth attributes.
- 07/18/2023
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5 Metal Fabrication Stocks to Watch Amid Improving Industry Trends
- Easing supply-chain issues and solid end-market demand should aid the Metal Products - Procurement and Fabrication industry's growth. SKFRY, TKR, ESAB, WOR and TRS are some stocks worth watching, backed by their healthy growth prospects.
- 07/12/2023
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Timken (TKR) Stock Scales 52-Week High: More Room to Run?
- Timken (TKR) is set to benefit from solid demand in end markets, particularly in food and beverage, acquisitions and operational excellence initiatives.
- 06/29/2023
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Here's Why You Should Hold Timken (TKR) Stock in Your Portfolio
- Timken (TKR) gains from customer demand and other strategic actions. Efforts to grow its wind and solar businesses will be key catalysts for growth.
- 06/09/2023
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11 Upcoming Dividend Increases, Including 1 Dividend King
- All these stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 7.7% and a median increase of 7.0%.
- 05/11/2023
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4 Stocks to Watch on Dividend Hikes Amid Economic Turmoil
- Investors may keep a tab on stocks like CNO, TKR, MUSA and POOL, which have lately hiked their dividend payments.
- 05/11/2023
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Here is Why Growth Investors Should Buy Timken (TKR) Now
- Timken (TKR) could produce exceptional returns because of its solid growth attributes.
- 05/10/2023
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Is The Timken Company (TKR) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/10/2023
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How Much Upside is Left in Timken (TKR)? Wall Street Analysts Think 25.98%
- The consensus price target hints at a 26% upside potential for Timken (TKR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
- 05/05/2023
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Timken (TKR) Q1 Earnings and Revenues Beat Estimates
- Timken (TKR) came out with quarterly earnings of $2.09 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.61 per share a year ago.
- 05/03/2023
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Will Timken (TKR) Beat Estimates Again in Its Next Earnings Report?
- Timken (TKR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 05/02/2023
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3 Reasons Why Growth Investors Shouldn't Overlook Timken (TKR)
- Timken (TKR) could produce exceptional returns because of its solid growth attributes.
- 04/24/2023
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Is The Timken Company (TKR) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/24/2023
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The Timken Company: Fundamentals Give A Reason To Remain Bullish
- The Timken Company: Fundamentals Give A Reason To Remain Bullish
- 04/19/2023
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Timken (TKR) Closes Nadella Buyout, Boosts Motion Products
- Timken (TKR) completes the acquisition of Nadella announced in January.
- 04/06/2023
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Here's Why You Should Hold Timken (TKR) in Your Portfolio Now
- Timken (TKR) gains from customer demand and other strategic actions.
- 03/27/2023
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Here's Why Timken (TKR) is a Strong Value Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 03/22/2023
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Timken (TKR) Stock Scales 52-Week High: What's Driving It?
- Timken (TKR) is benefiting from the healthy demand in its end markets, recent acquisitions and pricing actions.
- 03/03/2023
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Is Timken (TKR) a Solid Growth Stock? 3 Reasons to Think "Yes"
- Timken (TKR) could produce exceptional returns because of its solid growth attributes.
- 02/14/2023
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Timken (TKR) Upgraded to Buy: Here's What You Should Know
- Timken (TKR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 02/14/2023
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The Timken Company (TKR) Q4 2022 Earnings Call Transcript
- The Timken Company (NYSE:TKR ) Q4 2022 Earnings Conference Call February 6, 2023 11:00 AM ET Company Participants Neil Frohnapple - Director of Investor Relations Richard Kyle - President and Chief Executive Officer Philip Fracassa - Chief Financial Officer Conference Call Participants Steve Barger - KeyBanc Capital Markets David Raso - Evercore Rob Wertheimer - Melius Research Stephen Volkmann - Jefferies Bryan Blair - Oppenheimer Michael Feniger - Bank of America Dillon Cumming - Morgan Stanley Joe Ritchie - Goldman Sachs Chris Dankert - Loop Capital Operator Good morning. My name is Glen, and I'll be your conference operator today.
- 02/06/2023
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Compared to Estimates, Timken (TKR) Q4 Earnings: A Look at Key Metrics
- Although the revenue and EPS for Timken (TKR) give a sense of how its business performed in the quarter ended December 2022, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 02/06/2023
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Timken (TKR) Tops Q4 Earnings Estimates
- Timken (TKR) delivered earnings and revenue surprises of 11.93% and 1.28%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/06/2023
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The Timken Company: Flexing Its Muscles
- The Timken Company has seen strong growth in recent years, following a successful transition which has been years in the making. The operating performance achieved on an operational basis has been accompanied by bolt-on dealmaking.
- 02/03/2023
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Will Timken (TKR) Beat Estimates Again in Its Next Earnings Report?
- Timken (TKR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 02/02/2023
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Why Timken (TKR) is a Top Value Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 01/31/2023
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4 Metal Fabrication Stocks to Watch in a Promising Industry
- Easing supply-chain issues and solid demand in end markets should aid the Metal Products - Procurement and Fabrication industry's growth. TKR, ESAB, CENX, and CIR are some stocks to watch out for, backed by their healthy growth prospects.
- 01/31/2023
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Growth Stock Timken In Buy Zone As Maker Of EV Parts Raises Outlook
- Growth stock Timken's relationship with Ford dates back to the production of the Model T in 1908. The post Growth Stock Timken In Buy Zone As Maker Of EV Parts Raises Outlook appeared first on Investor's Business Daily.
- 01/23/2023
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Timken to Announce Fourth-Quarter and Full-Year 2022 Financial Results on Feb. 6
- NORTH CANTON, Ohio , Jan. 16, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its 2022 fourth-quarter and full-year financial results on Monday, Feb. 6, 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.
- 01/16/2023
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Timken (TKR) Supplies Bearings for Ford Motor F-150 Lightning
- Timken (TKR) provides packaged wheel bearings for Ford Motor's F-150 Lightning.
- 01/12/2023
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Timken: What Is The Outlook For 2023?
- Timken has very strong financial metrics. Timken has paid a dividend for more than 100 years.
- 12/27/2022
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Timken: Strong Market Position With Earnings Growth, Technicals Improving
- The Industrials sector continues to sport impressive relative gains against the S&P 500 this year. High macro uncertainty hasn't seemed to hurt one domestic machinery company lately.
- 12/26/2022
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Is The Timken Company (TKR) Outperforming Other Industrial Products Stocks This Year?
- Here is how Timken (TKR) and Titan International (TWI) have performed compared to their sector so far this year.
- 12/09/2022
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3 Metal Fabrication Stocks to Watch in a Challenging Industry
- Inflationary pressures and supply-chain snarls induce cloudy near-term prospects of the Zacks Metal Products - Procurement and Fabrication industry. However, the likes of NHYDY, TKR and NWPX seem well-poised to tide over the hurdles.
- 11/04/2022
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Top Wall Street analysts say buy these stocks amid market uncertainty
- TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Texas Instruments and Juniper Networks.
- 10/30/2022
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Best Value Stocks to Buy for October 28th
- HAFC, TKR and WRB made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 28, 2022.
- 10/28/2022
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The Timken Company (TKR) Q3 2022 Earnings Call Transcript
- The Timken Company (NYSE:TKR ) Q3 2022 Earnings Conference Call October 26, 2022 11:00 AM ET Company Participants Neil Frohnapple - Director of IR Richard Kyle - President and CEO Philip Fracassa - CFO Conference Call Participants Stephen Volkmann - Jefferies David Raso - Evercore ISI Tim Thein - Citigroup Steve Barger - KeyBanc Capital Markets Bryan Blair - Oppenheimer Rob Wertheimer - Melius Research Joe Ritchie - Goldman Sachs Dillon Cumming - Morgan Stanley Chris Dankert - Loop Capital Michael Feniger - Bank of America Operator Good morning. My name is Emily, and I'll be your conference operator today.
- 10/26/2022
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Timken (TKR) Q3 Earnings and Revenues Beat Estimates
- Timken (TKR) delivered earnings and revenue surprises of 14.29% and 4.21%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/26/2022
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Best Value Stocks to Buy for October 26th
- CBNK, TKR and HUM made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 26, 2022.
- 10/26/2022
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Timken: Long-Term Stock, Short-Term Headwinds
- Timken's focus on automation and renewable energy may offer long-term growth. Low dividend yield and poor financial returns in the current rate environment.
- 10/12/2022
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Best Value Stocks to Buy for October 6th
- VSH, BMTX and TKR made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 6, 2022.
- 10/06/2022
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Here's Why Timken (TKR) is a Strong Value Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 09/20/2022
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Timken (TKR) to Acquire GGB Bearing Technology, Grows Portfolio
- Timken (TKR) reaches an agreement to acquire EnPro Industries' GGB Bearing Technology division, which will likely solidify its leading position in roller and ball bearings.
- 09/08/2022
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The Timken Company: Even More Attractive Than Before
- The Timken Company has done well in the current environment, with sales rising and profits somewhat mixed but mostly positive. Despite seeing its share prices rise, the stock is now affordable than it was previously.
- 09/04/2022
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The Timken Company (TKR) CEO Richard Kyle on Q2 2022 Results - Earnings Call Transcript
- The Timken Company (NYSE:TKR ) Q2 Results Conference Call July 28, 2022 11:00 AM ET Company Participants Neil Frohnapple - Director of IR Richard Kyle - President and CEO Philip Fracassa - CFO Conference Call Participants Bryan Blair - Oppenheimer Stephen Volkmann - Jefferies Chris Dankert - Loop Capital Operator Good morning. My name is Jennifer, and I will be your conference operator today.
- 07/28/2022
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4 Metal Fabrication Stocks to Watch in a Challenging Industry
- While demand in the Zacks Metal Products - Procurement and Fabrication industry's end markets remains strong, supply chain issues and high input costs remain headwinds. Stocks like CENX, TKR, WOR and NWPX are betting on cost management and automation to drive margins.
- 07/27/2022
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Timken (TKR) to Provide Precision Drives to Redstone Facility
- Timke's (TKR) precision drives supply deal for the Redstone facility supports its goal to enhance environmental sustainability through product innovation, operational excellence and technology.
- 07/12/2022
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Here's Why Timken (TKR) is a Strong Value Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 06/13/2022
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Why Is Timken (TKR) Up 0.4% Since Last Earnings Report?
- Timken (TKR) reported earnings 30 days ago. What's next for the stock?
- 06/01/2022
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Timken (TKR) Earnings & Sales Surpass Estimates in Q1, Up Y/Y
- Timken (TKR) Q1 top line gains on strong growth across most end-market markets, driven by industrial distribution and off-highway as well as higher pricing.
- 05/04/2022
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The Timken Company (TKR) CEO Richard Kyle on Q1 2022 Results - Earnings Call Transcript
- The Timken Company (NYSE:TKR ) Q1 2022 Earnings Conference Call May 2, 2022 10:00 AM ET Company Participants Neil Frohnapple - Director of IR Richard Kyle - President and CEO Philip Fracassa - CFO Conference Call Participants Rob Wertheimer - Melius Research Bryan Blair - Oppenheimer David Raso - Evercore ISI Stephen Volkmann - Jefferies Chris Dankert - Loop Capital Joe Ritchie - Goldman Sachs Steve Barger - KeyBanc Capital Markets Courtney Yakavonis - Morgan Stanley Michael Feniger - Bank of America Operator Good morning. My name is, Christina, and I will be your conference operator today.
- 05/02/2022
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Timken Beats Q1 Street Expectation; Lowers FY22 Revenue Guidance
- Timken Co (NYSE: TKR) reported first-quarter FY22 sales growth of 9.7% year-over-year to $1.124 billion, beating the consensus of $1.11 billion. The increase was driven by growth across most end-market sectors led by industrial distribution and off-highway, and the impact of higher.
- 05/02/2022
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Timken (TKR) Beats Q1 Earnings and Revenue Estimates
- Timken (TKR) delivered earnings and revenue surprises of 40% and 0.76%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/02/2022
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Earnings Preview: Timken (TKR) Q1 Earnings Expected to Decline
- Timken (TKR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/25/2022
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Over 19 Years, Old Faithful Has Averaged a 21% Return
- Here are some new stocks to consider, spawned by my Old Faithful stock-picking paradigm.
- 04/25/2022
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Reduce Friction In Your Portfolio With Timken
- Reduce Friction In Your Portfolio With Timken
- 03/30/2022
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Timken: Recent Turbulence Masks Real Value
- Timken has not been treated well by the market as of late, despite the company posting attractive performance. Overall, the company looks to be a compelling long prospect, but the short-term pain is undeniable.
- 02/16/2022
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Evercore ISI Upgrades Timken & Downgrades Oshkosh - Read Why
- Evercore ISI analyst David Raso upgraded Timken Co (NYSE: TKR) to Outperform from In-Line and raised the price target to $78 (an upside of 12.9%), from $76. Raso downgraded Oshkosh Corp (NYSE: OSK) from Outperform to In-Line and set a price target of $124 (an upside of 7.4%).
- 02/15/2022
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Timken (TKR) Earnings Miss, Revenues Beat Estimates in Q4
- Timken (TKR) Q4 top-line gain on strong organic growth across most end-market markets, driven by industrial distribution and off-highway as well as higher pricing.
- 02/04/2022
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The Timken Company (TKR) CEO Richard Kyle on Q4 2021 Results - Earnings Call Transcript
- The Timken Company (TKR) CEO Richard Kyle on Q4 2021 Results - Earnings Call Transcript
- 02/03/2022
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Timken (TKR) Q4 Earnings Lag Estimates
- Timken (TKR) delivered earnings and revenue surprises of -15.22% and 2.54%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/03/2022
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3 Cheap Stocks Thriving Despite America's Inflation Issues
- If you're looking for stocks to buy as a hedge against inflation, here's the criteria you should use and three companies to consider. The post 3 Cheap Stocks Thriving Despite America's Inflation Issues appeared first on InvestorPlace.
- 01/21/2022
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Timken to Announce Fourth-Quarter and Full-Year 2021 Financial Results on Feb. 3
- NORTH CANTON, Ohio, Jan. 14, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will release its 2021 fourth-quarter and full-year financial results on Thursday, Feb. 3, 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.
- 01/14/2022
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Timken Steel and Commercial Metals are Aggressive Growth Stocks
- TMST and CMC are two new stocks for your aggressive growth stock radar screen.
- 12/14/2021
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Timken Stock (TKR): Why The Price Fell
- The stock price of Timken Co (NYSE: TKR) fell by 2.42% in the most recent trading session. This is why it happened.
- 12/14/2021
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Goldman Sachs Downgrades Timken, Cuts Price Target By 13%
- Goldman Sachs analyst Joe Ritchie downgraded Timken Co (NYSE:TKR) to Neutral from Buy and lowered the price target to $73 (an upside of 7.18%) from $84. The analyst sees less potential for the stock to re-rate given peaking ISM concerns.
- 12/13/2021
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Timken Leverages Rollon Brand For Growth In Linear Motion
- Timken Co (NYSE: TKR) stated it is experiencing strong growth in its linear motion product line, with 2021 sales expected to increase by more than 20% year-over-year. Timken diversified its power transmission portfolio with the acquisition of Rollon in 2018.
- 12/07/2021
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Timken (TKR) Q3 Earnings & Revenues Miss Estimates, Up Y/Y
- Timken (TKR) Q3 results gain on strong demand across most end-markets, which offset inflated costs. The company expects fourth-quarter revenues to be lower due to seasonal factors.
- 11/03/2021
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The Timken Company (TKR) CEO Richard Kyle on Q3 2021 Results - Earnings Call Transcript
- The Timken Company (TKR) CEO Richard Kyle on Q3 2021 Results - Earnings Call Transcript
- 11/01/2021
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Timken Clocks 16% Sales Growth In Q3, Notes Margin Pressure
- Timken Co (NYSE: TKR) reported third-quarter FY21 sales growth of ~16% year-over-year to $1.037 billion, beating the consensus of $1.01 billion. The sales increase was driven by organic growth across most end-market sectors led by industrial distribution and off-highway, higher pricing, and the benefit of currency translation and acquisitions.
- 11/01/2021
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Timken (TKR) Misses Q3 Earnings and Revenue Estimates
- Timken (TKR) delivered earnings and revenue surprises of -1.67% and -0.08%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/01/2021
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Timken to Participate in the Baird 2021 Global Industrial Virtual Conference
- NORTH CANTON, Ohio, Oct. 26, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will present at the Baird 2021 Global Industrial Virtual Conference on Nov. 9, 2021. Presenting on behalf of Timken will be Richard G.
- 10/26/2021
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Timken Company And Its Real Value
- The Timken Company is facing a tumultuous near-term earnings outlook due to supply line and inflationary concerns. The company withdrew guidance for the remainder of 2021 and is raising prices.
- 10/20/2021
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Timken's Price Target Lowered at Jefferies, Evercore ISI
- Jefferies analyst Stephen Volkmann lowered Timken Co's (NYSE:TKR) price target to $100 from $110 (implying an upside of 46.2%) and maintained a Buy rating on the shares. Volkmann lowered the price target after the company announced that it expects sales and earnings to be lower in the second half than previously forecasted due to continued disruptions with customers, supply chain, and inflationary pressures.
- 09/16/2021
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Timken (TKR) Expects Dull H2 Results on Supply Chain Issues
- While the ongoing momentum in its end markets remains intact, supply chain headwinds and higher costs are likely to play spoilsport and hurt Timken's (TKR) results in the second half of 2021.
- 09/16/2021
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Timken Provides Update on 2021 Performance
- NORTH CANTON, Ohio, Sept. 15, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today announced that it expects lower sales and earnings in the second half of 2021, compared to the company's prior expectations.
- 09/15/2021
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Timken Company: Poised On Infrastructure Efforts Made Efficient And Profitable Is Seen Underpriced By Market-Makers
- Once again big institutional buy trades are the tip-off of likely price gains coming in a diffused focus industry of machinery. TKR roller-bearings are pervasive.
- 09/09/2021
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3 Stocks for GARP Investors
- There are some investors who believe growth is important, but also do not want to pay too much for it. They are looking for the union of growth and value when searching for good investment opportunities.
- 09/07/2021
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Timken (TKR) Sees Strong Growth in Solar Energy Revenues
- Timken's (TKR) renewable energy portfolio is currently its largest individual end-market sector, accounting for 12% of sales. Backed by its immense growth potential, Timken plans to grow this business.
- 08/31/2021
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Timken Achieves Leadership Position in Fast-Growing Solar Energy Industry
- NORTH CANTON, Ohio, Aug. 30, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, has helped power industry-leading growth for solar energy customers over the last three years. Timken entered the solar energy market with the acquisition of Cone Drive in 2018.
- 08/30/2021
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Timken's (TKR) Rollon Business Buys Intelligent Machine Solutions
- Timken's (TKR) latest buyout will likely boost Rollon's leadership in robotics and automation, packaging and marine, as well as the aerospace and automotive production plants.
- 08/23/2021
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Timken Acquires Intelligent Machine Solutions, Expanding Rollon® Linear Motion Solutions in Industrial Robotics
- NORTH CANTON, Ohio, Aug. 20, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR), a global industrial leader in engineered bearings and power transmission products, has acquired Intelligent Machine Solutions (iMS), a manufacturer of industrial robotics and automation solutions. The addition of iMS expands and complements Timken's Rollon® linear motion product range with larger and heavy-duty applications, such as seventh-axis robotic transfer units (RTUs) and gantry systems.
- 08/20/2021
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Buys Dominate Robert Olstein's 2nd-Quarter Portfolio
- Olstein Capital Management founder and Chief Investment Officer Robert Olstein (Trades, Portfolio) released his firm's second-quarter portfolio earlier this week.
- 08/11/2021
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Timken Declares Quarterly Dividend of 30 Cents Per Share
- NORTH CANTON, Ohio, Aug. 4, 2021 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of 30 cents per share. The dividend is payable on Sept.
- 08/04/2021
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The Timken Company (TKR) CEO Richard Kyle on Q2 2021 Results - Earnings Call Transcript
- The Timken Company (TKR) CEO Richard Kyle on Q2 2021 Results - Earnings Call Transcript
- 08/02/2021
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Timken Stock Falls As Q2 EPS Misses Estimates, Maintains FY21 EPS Outlook
- Timken Co (NYSE: TKR) reported second-quarter sales growth of 32.3% year-over-year to $1.06 billion, topped the consensus of $1.05 billion. Sales growth was driven by strong organic growth, the benefit of currency translation, and the Aurora Bearing acquisition.
- 08/02/2021
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Timken (TKR) Lags Q2 Earnings and Revenue Estimates
- Timken (TKR) delivered earnings and revenue surprises of -2.84% and -0.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 08/02/2021
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Recap: Timken Q2 Earnings
- Shares of Timken (NYSE:TKR) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share were up 34.31% over the past year to $1.37, which missed the estimate of $1.45.
- 08/02/2021
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Timken Reports Strong Second-Quarter 2021 Results
- NORTH CANTON, Ohio, Aug. 2, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today reported second-quarter 2021 sales of $1.06 billion, up 32.3 percent from the same period a year ago. The increase was driven by strong organic growth across most end-market sectors, as well as the benefit of currency translation and the Aurora Bearing acquisition.
- 08/02/2021
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Timken Named One of America's Best Employers for Women by Forbes
- NORTH CANTON, Ohio, July 27, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, has been named to the Forbes 2021 list of America's Best Employers for Women, reinforcing the company's commitment to elevating and cultivating a diverse team of engineers and problem solvers. "We're proud of the talented and accomplished women we employ at Timken and their many achievements," said Natasha Pollock, Timken vice president of human resources.
- 07/27/2021
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Timken to Announce Second-Quarter 2021 Financial Results on Aug. 2
- NORTH CANTON, Ohio, July 26, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will release its second-quarter 2021 financial results on Monday, Aug. 2, 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.
- 07/26/2021
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Timken (TKR) Eyes Strong Growth in Automatic Lubrication Systems
- Timken (TKR) is poised to register record revenues for automatic lubrication systems business in 2021, driven by focus on expanding its industrial offerings and global presence.
- 07/13/2021
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5 Metal Fabrication Stocks to Watch Amid Supply Chain Woes
- While demand in the Zacks Metal Products - Procurement and Fabrication industry's end markets remains strong, it remains constrained by supply chain challenges and high input costs. In this scenario, NHYDY, TKR, WOR, MLI and TRS are betting on cost management and automation to drive margins.
- 07/12/2021
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Timken Positioned for Strong Growth in Automatic Lubrication Systems with Industry-Leading Offering
- NORTH CANTON, Ohio, July 12, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, announced today that its automatic lubrication systems portfolio has more than doubled in size from a revenue standpoint over the past five years through a combination of organic growth and strategic acquisitions. With its Groeneveld® and BEKA® brands, Timken is the world's second largest producer of automatic lubrication systems for industrial applications.i The company anticipates 2021 will mark another record year for automatic lubrication systems revenue as it continues to expand its offerings and global presence.
- 07/12/2021
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Timken: A Solid Long-Term Play
- The Timken Company is a vital business in the modern era, with the growing need for technology driving sales and cash flows.
- 06/14/2021
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SKFRY vs. TKR: Which Stock Should Value Investors Buy Now?
- SKFRY vs. TKR: Which Stock Is the Better Value Option?
- 06/07/2021
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Timken Named One of America's Best Employers for New Graduates by Forbes
- NORTH CANTON, Ohio, May 26, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com ), a global industrial leader in engineered bearings and power transmission products, has been named to the Forbes list of America's Best Employers for New Graduates 2021, reinforcing the company's commitment to elevating and cultivating top talent in engineering and many other disciplines. "This recognition is especially valuable because it reflects the opinions of professionals who are relatively new to both Timken and the workforce," said Natasha Pollock, Timken vice president of human resources.
- 05/26/2021
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SKFRY vs. TKR: Which Stock Is the Better Value Option?
- SKFRY vs. TKR: Which Stock Is the Better Value Option?
- 05/21/2021
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Timken to Participate in the KeyBanc Industrials & Basic Materials Virtual Conference
- NORTH CANTON, Ohio, May 20, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will present at the KeyBanc Industrials & Basic Materials Virtual Conference on June 3, 2021, at 2 p.m. EDT. Presenting on behalf of Timken will be Richard G.
- 05/20/2021
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SKFRY or TKR: Which Is the Better Value Stock Right Now?
- SKFRY vs. TKR: Which Stock Is the Better Value Option?
- 05/05/2021
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The Timken Company (TKR) CEO Richard Kyle on Q1 2021 Results - Earnings Call Transcript
- The Timken Company (TKR) CEO Richard Kyle on Q1 2021 Results - Earnings Call Transcript
- 04/28/2021
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Timken (TKR) Beats Q1 Earnings and Revenue Estimates
- Timken (TKR) delivered earnings and revenue surprises of 15.00% and 3.80%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 04/28/2021
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Timken: Q1 Earnings Insights
- Shares of Timken (NYSE:TKR) decreased 0.1% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 24.32% year over year to $1.38, which beat the estimate of $1.20.
- 04/28/2021
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4 Metal Fabrication Stocks Braving the Industry Challenges
- 4 Metal Fabrication Stocks Braving the Industry Challenges
- 03/08/2021
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Timken (TKR) Q4 Earnings Miss, Revenues Beat Estimates
- Timken (TKR) fourth-quarter earnings remained flat year over year as lower operating expenses on cost reduction actions are offset by lower volumes amid the pandemic.
- 02/05/2021
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The Timken Company's (TKR) CEO Rich Kyle on Q4 2020 Results - Earnings Call Transcript
- The Timken Company's (TKR) CEO Rich Kyle on Q4 2020 Results - Earnings Call Transcript
- 02/04/2021
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Timken (TKR) Q4 Earnings Miss Estimates
- Timken (TKR) delivered earnings and revenue surprises of -7.69% and 2.24%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/04/2021
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Timken: Q4 Earnings Insights
- Shares of Timken (NYSE:TKR) moved higher by 0.0% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 0.00% year over year to $0.84, which missed the estimate of $0.93.
- 02/04/2021
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The Timken Company's (TKR) Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in The Timken Company (TKR).
- 01/15/2021
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Timken (TKR) Up 46% in a Year: What's Driving the Rally?
- Timken's (TKR) shares have been gaining on the back of expected benefits from acquisitions, cost reduction actions and pickup in industrial activity.
- 01/11/2021
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Auto parts maker Timken Co. opens factory in Mexico
- Ohio-based auto parts maker The Timken Co. recently announced the start of its new factory in Mexico. Along with the new Timken plant, Mexico-based Envases Group plans to open a $35 million aluminum can production and distribution facility in central Texas.
- 12/28/2020
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Timken's (TKR) First Facility in Latin America Starts Production
- Timken's (TKR) facility in San Jose Iturbide, Mexico will manufacture tapered roller bearings and serve customers across the Americas and globally.
- 12/21/2020
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4 Industrial Stocks Poised to Continue Their Winning Streaks in 2021
- The Industrial Products sector continues to gain on upbeat manufacturing performance. Packaging Corp (PKG), AGCO Corp (AGCO), Lincoln Electric (LECO) and Timken (TKR) are poised to capitalize on this trend.
- 12/21/2020
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Dividend Changes: November 7-13, 2020
- This weekly article series covers dividend changes. A summary table provides relevant data and key statistics of dividend increases.
- 11/16/2020
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Daily Dividend Report: Timken, Yum! Brands, AvalonBay Communities, Valvoline, Extra Space Storage
- Daily Dividend Report: Timken, Yum! Brands, AvalonBay Communities, Valvoline, Extra Space Storage
- 11/13/2020
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Timken Declares Quarterly Dividend of 29 Cents Per Share
- NORTH CANTON, Ohio, Nov. 13, 2020 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today approved a four percent increase to the company's quarterly cash dividend, raising it to...
- 11/13/2020
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The Timken Company (TKR) CEO Rich Kyle on Q3 2020 Results - Earnings Call Transcript
- The Timken Company (TKR) CEO Rich Kyle on Q3 2020 Results - Earnings Call Transcript
- 10/30/2020
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