Timken (TKR) Tops Q1 EPS by 45c

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Timken Reports Record First-Quarter 2022 Results

May 2, 2022 6:51 AM EDT

Record sales of $1.125 billion, up approximately 10 percent from last year Record first-quarter earnings per diluted share of $1.56 on a GAAP basis, with all-time record quarterly adjusted EPS of $1.61Repurchased 1.5 million shares during the quarterMaintains earnings outlook; expects 2022 GAAP earnings per diluted share of $4.85-5.25, with adjusted EPS of $5.00-5.40

NORTH CANTON, Ohio, May 2, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR;... More