Timken (TKR) Reports In-Line Q3 EPS

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Go back to Timken (TKR) Reports In-Line Q3 EPS

Timken Reports Third-Quarter Results

October 28, 2015 6:10 AM EDT

NORTH CANTON, Ohio, Oct. 28, 2015 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings, today reported sales of $707.4 million for the third quarter of 2015, down 10 percent from a year ago. Currency accounted for half of the decrease. The remaining decline was primarily due to continued softening across industrial end markets, partially offset by the benefit of acquisitions.

Net income from continuing operations was $63.4 million or... More