The Timken Company: A Value Play Worth Considering
The Timken Company, despite recent underperformance and reduced profitability, remains a strong long-term investment due to its diverse customer base and global reach. Recent financial results show declines in revenue and profits, but the company is taking steps to strengthen its position for 2025 and beyond. Shares are attractively priced on both an absolute basis and relative to similar firms, making it a compelling buy despite short-term challenges.
Why Is Timken (TKR) Down 2.5% Since Last Earnings Report?
Timken (TKR) reported earnings 30 days ago. What's next for the stock?
TKR Stock Slips 8% Since Posting Q3 Earnings Miss & Y/Y Revenue Dip
Timken reports year-over-year declines in the top and bottom lines in Q3 on weak volumes.
Unlocking Timken (TKR) International Revenues: Trends, Surprises, and Prospects
Evaluate Timken's (TKR) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
The Timken Company (TKR) Q3 2024 Earnings Call Transcript
The Timken Company (NYSE:TKR ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Neil Frohnapple - VP, IR Tarak Mehta - President and CEO Philip Fracassa - EVP and CFO Conference Call Participants Stephen Volkmann - Jefferies Bryan Blair - Oppenheimer David Raso - Evercore ISI Mike Shlisky - D.A. Davidson Steve Barger - KeyBanc Capital Markets Joe Ritchie - Goldman Sachs Michael Feniger - Bank of America Tim Thein - Raymond James Operator Good morning.
Timken (TKR) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Timken (TKR) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Timken (TKR) Misses Q3 Earnings Estimates
Timken (TKR) came out with quarterly earnings of $1.23 per share, missing the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.55 per share a year ago.
Analysts Estimate Timken (TKR) to Report a Decline in Earnings: What to Look Out for
Timken (TKR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Timken: Drooping Now, But Watch For Gains Again In Coming Years
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.
Timken Expands Its Automation Portfolio With Acquisition of CGI
TKR completes its previously announced acquisition of CGI to boost its capabilities.
Timken (TKR) Shares Decline 7% Despite Q2 Earnings Beat
Timken (TKR) expects adjusted EPS of $6.00-$6.20 for 2024 compared with the prior stated $6.00-$6.30.
The Timken Company: A Cheap Prospect Experiencing Temporary Woes
The Timken Company's stock has dropped 4.8% since being rated a 'buy' in April, due in part to recent lower guidance for 2024. Revenue, profits, and cash flows have all declined year over year, but the company remains attractively priced and shows signs of improvement. Debt levels have slightly decreased as of late, and the company's financial performance, while weaker, still supports a 'buy' rating.
