Timken (TKR) Company Overview

Timken has announced that both its revenue and profit decreased in the fourth quarter compared to the previous year due to low sales. For 2025, the company predicts that its overall revenue will drop by 1-4%.

The Timken Company (NYSE:TKR) will hold its Q4 2024 Earnings Call on February 5, 2025, at 11:00 AM ET. Participants from the company include Neil Frohnapple, Tarak Mehta, and Phil Fracassa. Various conference call participants from different financial firms will also be present.

The main figures for Timken (TKR) provide an overview of the company's performance for the quarter that ended in December 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.

NORTH CANTON, Ohio, Feb. 5, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a worldwide leader in engineered bearings and industrial motion technology, has announced that Christopher A. Coughlin, who is the executive vice president and president of Industrial Motion, will retire at the end of this year after working for the company for 41 years.

The Timken Company, even with recent struggles and lower profits, is still a solid long-term investment because of its wide range of customers and international presence. Although their latest financial results show a drop in revenue and profits, the company is working to improve its situation for 2025 and the future. Their shares are reasonably priced compared to both their own past performance and similar companies, making it an appealing option to buy despite current difficulties.

NORTH CANTON, Ohio, Dec. 13, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a worldwide leader in engineered bearings and industrial motion, celebrated its 125th anniversary by ringing the opening bell at the New York Stock Exchange (NYSE). President and CEO Tarak Mehta, along with the board of directors and company leaders, participated in the event at the NYSE, where Timken has been listed since 1922.

NORTH CANTON, Ohio, Dec. 4, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion, has been named one of America's Most Responsible Companies by Newsweek and Statista Inc. for the fifth consecutive year. This recognition highlights the company's ongoing dedication to enhancing the lives of people and communities, protecting the environment, and boosting its business through corporate social responsibility (CSR).

Timken has reported a decrease in both revenue and profit in the third quarter compared to the previous year, due to low sales volumes.

Timken (TKR) reported quarterly earnings of $1.23 per share, which is lower than the Zacks Consensus Estimate of $1.37 per share. This is a decrease compared to earnings of $1.55 per share from the same period last year.