Timken (TKR) Tops Q3 EPS by 1c

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Go back to Timken (TKR) Tops Q3 EPS by 1c

Timken Reports Third-Quarter 2021 Results

November 1, 2021 6:51 AM EDT

NORTH CANTON, Ohio, Nov. 1, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today reported third-quarter 2021 sales of $1.04 billion, up 16 percent from the same period a year ago, and 13 percent higher than the previous record third quarter. The increase was driven by organic growth across most end-market sectors led by industrial distribution and off-highway, higher pricing and the benefit of currency translation and acquisitions.

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