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Timken Company (TKR)
NYSE:TKR
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Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.99Last Year’s EPS
1.37Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2018
|% Change Since: -7.60%
|Next Earnings Date:Jul 31, 2018
Earnings Call Sentiment|Negative
The earnings call highlighted strong performance from recent acquisitions and growth in certain regions and sectors. However, these positives were overshadowed by a decline in organic revenue, significant margin contraction, and a disappointing earnings per share performance. The fourth quarter outlook further indicates challenges ahead, suggesting continued difficulties in aligning costs with market demand.Company Guidance
During Timken's third quarter 2024 earnings call, the company provided updated guidance reflecting challenges in the industrial markets, with an organic revenue decline of 3% and a 200 basis point drop in adjusted EBITDA margin to 16.9%. Earnings per share (EPS) decreased to $1.23 from $1.55 last year, missing expectations due to lower volumes and higher logistics costs. The company revised its full-year revenue guidance to a 4% decline, anticipating a softer-than-normal fourth quarter with EPS guidance between $5.55 and $5.65. Timken aims to align costs with market demand to improve margins, planning to detail specific actions for 2025 in February. Recent acquisitions have contributed positively, while the company remains cautious about 2025 market conditions.Strong Performance from Recent Acquisitions
Recent acquisitions, including Des-Case, Lagersmit, and CGI, have shown strong and margin-accretive performance, contributing positively to the quarter's results.
Growth in India and Aerospace, Defense, and Marine Sectors
India showed double-digit growth, driven primarily by rail and distribution sectors. Additionally, aerospace, defense, and marine sectors experienced good growth and performance.
Stable Order Backlog
Order backlog remained stable compared to the second quarter, providing some level of demand certainty.
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TKR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TKR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 05, 2024 | $82.99 | $72.27 | -12.92% |
| Jul 31, 2024 | $84.82 | $86.20 | +1.63% |
| Apr 30, 2024 | $85.64 | $88.12 | +2.90% |
| Feb 05, 2024 | $84.52 | $80.76 | -4.45% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Timken Company (TKR) report earnings?
Timken Company (TKR) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is Timken Company (TKR) earnings time?
Timken Company (TKR) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TKR EPS forecast?
TKR EPS forecast for the fiscal quarter 2024 (Q4) is 0.99.
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