Timken (TKR) Misses Q4 EPS by 9c, Revenue Beats, Offers Guidance
Timken (NYSE: TKR) reported Q4 EPS of $0.84, $0.09 worse than the analyst estimate of $0.93. Revenue for the quarter came in at $892 million versus the consensus estimate of $874.23 million.
GUIDANCE:
Timken sees FY2021 EPS of $4.70-$5.10, versus the consensus of $4.89.
- At the midpoint of the outlook, the company expects 2021 revenue to be up approximately 12 percent in total versus 2020.
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