TimkenNYSE: TKR

The Timken Company's share price is expected to rise nearly 6% in the coming year due to market stabilization in Chinese wind energy, new products, and improved productivity. Timken, a leader in engineered bearings and industrial motion products, has competitive advantages and solid financial metrics. Despite short-term challenges, Timken's growth prospects are promising, with positive indicators for 2025 and beyond.

TKR completes its previously announced acquisition of CGI to boost its capabilities.

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.

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.

Timken (TKR) expects adjusted EPS of $6.00-$6.20 for 2024 compared with the prior stated $6.00-$6.30.

Addition will create unmatched portfolio of precision drives NORTH CANTON, Ohio , Aug. 5, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR;  www.timken.com ), a global technology leader in engineered bearings and industrial motion, has agreed to acquire CGI Inc., a Nevada-based manufacturer of precision drive systems serving a broad range of automation markets with a concentration in medical robotics. The deal is subject to customary closing conditions, including regulatory approval, and is expected to close in the third quarter.

Timken (TKR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Timken (TKR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

NORTH CANTON, Ohio , July 10, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will release its second-quarter 2024 financial results on Wednesday, July 31, 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.