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

• Electra Therapeutics files for proposed IPO
• Blue Owl leads $2.4 billion debt deal for Iren data center
• Nomura/Instinet Upgrades Zeon Corp (4205:JP) (ZEOOF) to Buy