Timken Reports Strong Third-Quarter 2019 Results; Updates Full-Year Outlook

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Go back to Timken Reports Strong Third-Quarter 2019 Results; Updates Full-Year Outlook

Timken (TKR) Misses Q3 EPS by 4c, Revenues Miss; Updates FY19 EPS Guidance Below Consensus

October 30, 2019 4:59 PM EDT

Timken (NYSE: TKR) reported Q3 EPS of $1.14, $0.04 worse than the analyst estimate of $1.18. Revenue for the quarter came in at $914 million versus the consensus estimate of $940.5 million.

"Timken delivered strong operating performance in the third quarter," said Richard G. Kyle, president and chief executive officer. "While several industrial markets were softer than anticipated, we delivered record earnings per... More