Timken (TKR) Tops Q1 EPS by 13c, Offers FY Guidance
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Timken Reports Record First-Quarter 2019 Results; Raises Full-Year Earnings Outlook
May 1, 2019 6:51 AM EDTNORTH CANTON, Ohio, May 1, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today reported first-quarter 2019 sales of $979.7 million, up 10.9 percent from the same period a year ago. The increase was primarily driven by organic growth in the Process Industries segment and the benefit of acquisitions, partially offset by unfavorable foreign currency translation.
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