Q4 2024 Timken Co Earnings Call
Neil Frohnapple; Director - Investor Relations; Timken Co. Tarak Mehta; President and Chief Executive Officer; Timken Co. Phillip Fracassa; Chief Financial Officer; ...
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Timken Reports Decrease in Sales and Earnings
Looking at the full-year 2024 results, Timken's sales were $4.6 billion, down 4.1% from 2023. The net income margin for the ...
Timken outlines cautious 2025 guidance with $75M cost savings plan amid economic uncertainty
CEO Tarak Mehta reported a 1.6% decline in Q4 2024 revenue year-over-year, driven by weak European demand, while adjusted EPS dropped 15% to $1.16. Adjusted EBITDA margins were 16.6%, down from the ...
Timken’s (NYSE:TKR) Q4 Sales Top Estimates
Industrial component provider Timken (NYSE:TKR) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, but sales fell by 1.6% year on year to $1.07 billion. Its non-GAAP profit of $1.16 ...
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Timken Announces Planned Retirement of Christopher A. Coughlin, EVP & President, Industrial Motion
The Timken Company , a global technology leader in engineered bearings and industrial motion, today announced that Christopher A. Coughlin, executive vice president and president, Industrial Motion, ...
Timken (NYSE:TKR) Raised to Neutral at Bank of America
Bank of America upgraded shares of Timken (NYSE:TKR – Free Report) from an underperform rating to a neutral rating in a research report report published on Tuesday, MarketBeat reports. Bank of America ...