SPX4,280.15+72.88 1.73%
DIA337.83+4.12 1.23%
IXIC13,047.19+267.27 2.09%

Timken: Q2 Earnings Insights

  Timken (NYSE:TKR) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:51 AM. Here's what investors need to know about the announcement.

Benzinga · 07/28/2022 07:46

 

Timken (NYSE:TKR) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:51 AM.

Here's what investors need to know about the announcement.

Earnings

Timken beat estimated earnings by 24.63%, reporting an EPS of $1.67 versus an estimate of $1.34.

Revenue was up $91.10 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.45 which was followed by a 2.79% increase in the share price the next day.

Here's a look at Timken's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.16 0.91 1.17 1.45
EPS Actual 1.61 0.78 1.18 1.37
Revenue Estimate 1.11B 982.62M 1.01B 1.05B
Revenue Actual 1.12B 1.01B 1.04B 1.06B

To track all earnings releases for Timken VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.