The earnings call indicated challenges due to declining revenues and profitability, particularly impacted by European market weakness and unfavorable currency exchanges. However, there were positive contributions from recent acquisitions and resilience in certain regions like the Americas. Management is focused on cost savings and improving operational efficiency to offset these challenges.
Company Guidance
During Timken's fourth quarter earnings release call for fiscal year 2024, CEO Tarak Mehta and CFO Philip Fracassa provided detailed guidance for 2025. They projected a slight decline in organic sales, with revenue anticipated to be down between 1% and 4%. Adjusted earnings per share (EPS) is expected to be modestly lower than 2024, projected between $5.30 and $5.80. The company also plans to achieve $75 million in cost savings through measures such as supply chain management and reduced discretionary spending. Despite these challenges, Timken aims to maintain an adjusted EBITDA margin of 18.5% and generate at least $400 million in free cash flow for the year. The guidance incorporates potential impacts from China tariffs, but the company has strategies to mitigate these effects. The focus remains on delivering margins and preparing for opportunities in an industrial recovery.
Free Cash Flow Increase
Generated $125 million of free cash flow in the fourth quarter, totaling approximately $300 million for the full year.
Strong Performance in Americas
Americas region showed resilience with a 2% increase in revenue, supported by strong growth in marine, distribution, and rail.
CGI Acquisition Performance
Recent acquisitions, including CGI, contributed positively to revenue growth and were accretive to margins.
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Timken Company (TKR) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
Feb 05, 2025
$78.91
$81.64
+3.46%
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%
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 Apr 30, 2025, TBA Not Confirmed.
What is Timken Company (TKR) earnings time?
Timken Company (TKR) earnings time is at Apr 30, 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.