Timken Publishes Q3 2026 Earnings Call Transcript
Bitget2026/11/05 14:14- Timken raised its 2026 adjusted earnings outlook to $6.35-$6.50 per share, implying 20% growth at the midpoint.
- The November 4 third-quarter earnings call featured CEO Lucian Boldea, CFO Michael A. Discenza and investor relations head Neil Frohnapple.
- Quarterly adjusted earnings reached $1.65 per share, including a $0.13 benefit from tariff refunds.
- Management expects mid-single-digit organic sales growth in 2027, including the impact of automotive original-equipment exits.
- The completed belts divestiture is expected to lift Industrial Motion EBITDA margins by more than 200 basis points next year.
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