Timken Co. (NYSE: TKR) reported Q1 EPS of $1.13, $0.28 better than the analyst estimate of $0.85. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.09 billion.

Increases FY11 EPS from $3.30 - $3.60 to $3.80 - $4.10, versus the consensus of $3.62.

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