Timken (TKR) Misses Q4 EPS by 13c
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Timken Reports Fourth-Quarter and Full-Year 2021 Results
February 3, 2022 6:51 AM ESTNORTH CANTON, Ohio, Feb. 3, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today reported fourth-quarter 2021 sales of $1.01 billion, up 13 percent from the same period a year ago, and over 10 percent higher than the previous record fourth quarter. The increase was primarily driven by strong organic growth across most end-market sectors led by industrial distribution and off-highway, and the impact of higher pricing.
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