Timken Q3 Adjusted Earnings, Net Sales Increase; 2026 Adjusted EPS Guidance Increased
MT newswire2026/11/04 11:37Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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07:37 AM EST, 11/04/2026 (MT Newswires) -- Timken (TKR) reported Q3 adjusted earnings Wednesday of $1.65 per diluted share, up from $1.37 a year earlier. Analysts polled by FactSet expected $1.48. Net sales for the quarter ended Sept. 30 were $1.21 billion, up from $1.16 billion a year earlier. Analysts expected $1.21 billion. For 2026, the company raised its adjusted EPS outlook to between $6.35 and $6.50 from its previous outlook of $6.05 to $6.35, while maintaining its previous revenue growth projection of around 5.5%. Analysts expect adjusted EPS of $6.28. Shares of the company were down 1.4% in recent premarket activity.
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