Timken (TKR) Tops Q2 EPS by 3c, updates FY guidance

Timken (NYSE: TKR) reported Q2 EPS of $1.63, $0.03 better than the analyst estimate of $1.60. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.18 billion.

GUIDANCE:

Timken sees FY2024 EPS of $6.00-$6.20, versus the consensus of $6.20. The company now expects revenue to be down 3 to 4 percent in total from 2023.

For earnings history and earnings-related data on Timken (TKR) click here.

You May Also Be Interested In

• Intuit (INTU) Tops Q4 EPS; Offers FY27 Guidance
• Dick's Sporting Goods (DKS) Misses Q2 EPS by 25c, Offers Guidance
• Akeso's ivonescimab beats durvalumab in biliary tract cancer trial