Timken(TKR) - 2024 Q1 - Quarterly Results
Timken(TKR)2024-04-30 18:52
Timken Reports First-Quarter 2024 Results; Raises Full-Year Outlook • Sales of $1.19 billion, down 5.7 percent from last year • First-quarter earnings per share of $1.46; adjusted EPS of $1.77 • Strong margin performance in the quarter, with net income margin of 8.7 percent and adjusted EBITDA margin of 20.7 percent • Raises full-year 2024 outlook; now expects EPS of $5.10-$5.40, with adjusted EPS of $6.00-$6.30, on improved organic revenue NORTH CANTON, Ohio: April 30, 2024 — The Timken Company (NYSE: TKR; ...