Timken (TKR) Tops Q4 EPS by 13c, Guides for FY23
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Timken Reports Strong Fourth-Quarter and Full-Year 2022 Results
February 6, 2023 6:51 AM ESTSales of $1.08 billion in the fourth quarter, up 7 percent in total and 10 percent organically from last year Fourth-quarter EPS of $1.32; adjusted EPS of $1.22Record full-year 2022 EPS of $5.48; record adjusted EPS of $6.02Starting in 2023, adjusted EPS will be revised to exclude acquisition intangible amortization expenseCompany provides initial estimate for 2023 EPS of $5.80-$6.40, with adjusted EPS of $6.50-$7.10
NORTH CANTON, Ohio, Feb. 6, 2023 /PRNewswire/ --Â The Timken Company... More
