Timken Reports Record First-Quarter 2021 Results; Raises Full-Year Outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. AMZN
2. INTC
3. COIN
4. PINS
5. RDDT
6. FSLR
7. SNDK
8. RIVN
9. SBUX
10. FND

Go back to Timken Reports Record First-Quarter 2021 Results; Raises Full-Year Outlook

Timken (TKR) Tops Q1 EPS by 27c, Revenues Beat; Raises FY21 EPS Outlook Above Consensus

April 28, 2021 6:55 AM EDT

Timken (NYSE: TKR) reported Q1 EPS of $1.47, $0.27 better than the analyst estimate of $1.20. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $980.6 million.

"We posted an outstanding first quarter, achieving double-digit revenue growth, margin expansion and record adjusted earnings per share despite supply chain challenges and cost headwinds," said Richard G. Kyle, Timken president and chief executive officer.... More