财务业绩 - 第二季度销售额为11.83亿美元，与公司预期一致[2] - 第二季度每股收益为1.36美元，调整后每股收益为1.63美元[3,4] - 净利润率为8.1%，调整后EBITDA利润率为19.5%[3,4] - 更新全年2024年业绩展望，预计每股收益为5.00-5.20美元，调整后每股收益为6.00-6.20美元[14] - 2024年上半年公司总销售额为23.73亿美元，同比下降6.4%[32] - 2024年上半年公司EBITDA为4.60亿美元，EBITDA利润率为19.4%[32] - 2024年第二季度公司总销售额为11.82亿美元，同比下降7.1%[32] - 2024年第二季度公司EBITDA为2.22亿美元，EBITDA利润率为18.7%[32] - 公司2024年上半年净收入为2,369.6百万美元，同比下降3.9%[44] - 2024年上半年调整后EBITDA为476.6百万美元，占净收入20.1%[44] - 2024年上半年调整后净收入为299.6百万美元，同比增长24.3%[44] 业务表现 - 工程轴承业务销售额下降8.6%，主要受到中国可再生能源需求大幅下降的影响[8] - 工业运动业务销售额下降3.9%，主要受到市场需求下降的影响[11] - 2024年第二季度公司Engineered Bearings业务销售额为7.83亿美元，同比下降8.6%[30] - 2024年第二季度公司Engineered Bearings业务EBITDA利润率为20.8%[30] - 2024年第二季度公司Industrial Motion业务销售额为3.99亿美元，同比下降3.9%[30] - 2024年第二季度公司Industrial Motion业务EBITDA利润率为19.0%[30] - 2024年第二季度Engineered Bearings业务EBITDA为163.3百万美元，占净销售额20.8%[47] - 2024年第二季度Industrial Motion业务EBITDA为75.6百万美元，占净销售额19.0%[49] 现金流和财务状况 - 公司在第二季度通过出售部分天津钢铁有限公司股权获得约2.32亿美元的税前收益[6] - 公司在第二季度将季度股息增加3%，并回购了36万股公司股票[5] - 2024年第二季度公司经营活动产生的现金流入为1.25亿美元[37] - 2024年第二季度公司投资活动产生的现金流出为3,490万美元[37] - 2024年6月30日公司总债务为2,176.4百万美元，净债务为1,706.5百万美元[52] - 2024年6月30日公司净债务与资本比率为36.6%[53] - 2024年过去12个月调整后EBITDA为887.8百万美元，净债务与调整后EBITDA比率为1.9[53] - 2024年上半年公司自由现金流为174.1百万美元[53] - 2024年第二季度自由现金流为87.3百万美元，较2023年同期下降7.5%[1] 其他 - 2024年全年预计将发生3.3亿美元的减值、重组和特殊项目费用[4] - 2024年全年预计将发生0.8亿美元的收购相关无形资产摊销费用[4] - 2024年全年预计将发生2.25亿美元的企业养老金和其他退休福利相关费用[2] - 2024年第二季度有机销售额下降7.7%，主要受收购和剥离业务以及汇率变动的影响[5] - 2024年第二季度资本支出为3.73亿美元，较2023年同期下降24.8%[1] - 2024年上半年公司进行了5.3百万美元的重组和重组费用[47][49]

Sales of $1.18 billion, in line with company expectations Second-quarter earnings per share of $1.36; adjusted EPS of $1.63 Net income margin of 8.1 percent; adjusted EBITDA margin of 19.5 percent Updates full-year 2024 outlook; now expects EPS of $5.00-$5.20, with adjusted EPS of $6.00-$6.20 NORTH CANTON, Ohio, July 31, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today reported second-quarter 2024 sales of $1. ...

Timken (TKR) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 31. On the oth ...

Price and EPS Surprise Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate. This maker of bearings and power transmissions has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 14.69%. The Zacks Earnings ESP compares the Most Accurate Estimate to th ...

NORTH CANTON, Ohio, July 10, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will release its second-quarter 2024 financial results on Wednesday, July 31, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http ...

NORTH CANTON, Ohio, July 9, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, has been recognized among Newsweek's America's Greatest Workplaces and U.S. News & World Report's Best Companies to Work For. The Newsweek ranking is based on a study by data research firm Plant-A Insights, which collected over 1.5 million comprehensive company reviews from more than 250,000 employees. U.S. News determined its list using a ...

It has been about a month since the last earnings report for Timken (TKR) . Shares have lost about 4% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Timken due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Timken Tops Q1 Earnings Estimates, Raises '24 View Timke ...

The Timken Company (NYSE:TKR) Q1 2024 Earnings Conference Call April 30, 2024 11:00 AM ET Company Participants Meghan Elmblad - Interim Manager-Investor Relations Richard Kyle - President and Chief Executive Officer Philip Fracassa - Executive Vice President and Chief Financial Officer Conference Call Participants Brian Blair - Oppenheimer Steve Barger - KeyBanc Chris Dankert - Loop Capital Operator Good morning, all. My name is Lydia and I'll be your conference operator today. At this time, I'd like to wel ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-1169 THE TIMKEN COMPANY (Exact name of registrant as specified in its charter) Ohio 34-0577130 (State or other jurisdiction of (I.R.S. Emplo ...

Timken Reports First-Quarter 2024 Results; Raises Full-Year Outlook • Sales of $1.19 billion, down 5.7 percent from last year • First-quarter earnings per share of $1.46; adjusted EPS of $1.77 • Strong margin performance in the quarter, with net income margin of 8.7 percent and adjusted EBITDA margin of 20.7 percent • Raises full-year 2024 outlook; now expects EPS of $5.10-$5.40, with adjusted EPS of $6.00-$6.30, on improved organic revenue NORTH CANTON, Ohio: April 30, 2024 — The Timken Company (NYSE: TKR; ...