Timken (TKR) Misses Q1 Earnings Estimates

Timken (TKR) came out with quarterly earnings of $1.40 per share, missing the Zacks Consensus Estimate of$ 1.43 per share. This compares to earnings of $1.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.10%. A quarter ago, it was expected that this maker of bearings and power transmissions would post earnings of$ 0.98 per share when it actually produced earnings of $1.16, delivering a surprise of 18.37%.Over the last fou ...