SEC Form 10-Q filed by Timken Company

Sales of $1.13 billion, down 1.4 percent from last yearThird-quarter earnings per share of $1.16; adjusted EPS of $1.23Cash from operations of $123 million and free cash flow of $88 million Updates full-year 2024 outlook; now expects EPS of $4.65-$4.75, with adjusted EPS of $5.55-$5.65NORTH CANTON, Ohio, Nov. 5, 2024 /PRNewswire/ -- The Timken Company (NYSE:TKR, www.timken.com)), a global technology leader in engineered bearings and industrial motion, today reported third-quarter 2024 sales of $1.13 billion, down 1.4 percent from the same period a year ago. The decrease was driven primarily by lower end-market demand in Europe and China, partially offset by the benefit of acquisitions. Organ

NORTH CANTON, Ohio, Oct. 14, 2024 /PRNewswire/ -- The Timken Company (NYSE:TKR, www.timken.com))), a global technology leader in engineered bearings and industrial motion, will release its third-quarter 2024 financial results on Tuesday, Nov. 5, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com. Conference Call:  Timken's Q3 2024 Earnings Resul

NORTH CANTON, Ohio, Sept. 10, 2024 /PRNewswire/ -- The Timken Company (NYSE:TKR, www.timken.com))), a global technology leader in engineered bearings and industrial motion, has completed its previously announced acquisition of CGI, Inc. CGI, Inc. manufactures precision drive systems serving a broad range of automation markets with a concentration in medical robotics. The business employs approximately 130 people and is expected to generate around $45 million in sales in 2024.   About The Timken Company The Timken Company (NYSE:TKR, www.timken.com), a global technology leader i

NORTH CANTON, Ohio, Sept. 5, 2024 /PRNewswire/ -- The Timken Company (NYSE:TKR, www.timken.com))), a global technology leader in engineered bearings and industrial motion, today appointed Tarak Mehta the company's president and CEO. Mehta was also elected to Timken's Board of Directors. "I'm excited to join Timken and hear directly from our employees, customers and other stakeholders all around the globe about how we can accelerate profitable growth and continue to drive momentum for the company," said Mehta. "I look forward to collaborating with our talented team to identify

NORTH CANTON, Ohio, Aug. 7, 2024 /PRNewswire/ -- The Timken Company (NYSE:TKR, www.timken.com))), a global technology leader in engineered bearings and industrial motion, today announced the appointment of Todd M. Leombruno to its Board of Directors. The election will bring The Timken Company Board to 11 members. Leombruno has served as executive vice president and chief financial officer of Parker Hannifin Corp., a Fortune 250 global leader in motion and control technologies, since 2021. He started his career with Parker Hannifin in 1993 and progressed through various account

Board of Directors Approves Share Consolidation on an 8-for-1 Ratio Board of Directors Announces Jacqueline Dedo as Li-Cycle's Independent Board Chair Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, today announced updates from the Company's Annual General and Special Meeting of Shareholders held on May 23, 2024 (the "AGM"). Voting results of items of business at the AGM included the election of each of the Li-Cycle director nominees; the approval of the share consolidation resolution, described further below; the approval of the compensation of the Company's named executive officers on an advisory basi

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10-Q - TIMKEN CO (0000098362) (Filer)

8-K - TIMKEN CO (0000098362) (Filer)

8-K - TIMKEN CO (0000098362) (Filer)

During the last three months, 4 analysts shared their evaluations of Timken (NYSE:TKR), revealing diverse outlooks from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 1 0 0 Last 30D 0 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 2 1 0 0 3M Ago 0 0 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $96.5, a high estimate of $104.00, and a low

Raymond James analyst Tim Thein initiates coverage on Timken (NYSE:TKR) with a Market Perform rating.

Analysts' ratings for Timken (NYSE:TKR) over the last quarter vary from bullish to bearish, as provided by 5 analysts. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 1 0 0 Last 30D 0 1 0 0 0 1M Ago 1 1 1 0 0 2M Ago 0 0 0 0 0 3M Ago 0 1 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $97.2, along with a high estimate of $104.00 and a low estimate of $87.00. Marking an increase of 7.28%, the current average su

SC 13G/A - TIMKEN CO (0000098362) (Subject)

SC 13G/A - TIMKEN CO (0000098362) (Subject)

SC 13G/A - TIMKEN CO (0000098362) (Subject)