Timken Co.

NYSE:TKR   3:59:56 PM EDT
+1.24 (+1.86%)
Positive Earnings Pre-Announcement

Timken Raises Full-Year Earnings Outlook

Published: 07/28/2022 11:36 GMT
Timken Co. (TKR) - Timken Reports Record Second-quarter 2022 Results; Raises Full-year Earnings Outlook.
Q2 GAAP Earnings per Share $1.42.
Q2 Sales Rose 8.5 Percent to $1.15 Billion.
Q2 Adjusted Earnings per Share $1.67.
Raises Earnings Outlook; Now Expects 2022 GAAP Earnings per Diluted Share of $5.15 to $5.45 and Adjusted EPS of $5.50 to $5.80.
Q2 Earnings per Share View $1.34, Revenue View $1.13 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2022 Earnings per Share View $5.31 -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $1.09 Billion
Adjusted EPS is expected to be $1.32

Next Quarter Revenue Guidance is expected to be $1.06 Billion
Next Quarter EPS Guidance is expected to be $1.03

More details on our Analysts Page.