Save the date! Tuesday 5th November 2024, is when The Timken Company (NYSE: TKR) will be sharing its eagerly awaited third quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled before market open.
the organization is poised to announce an estimated $1.38 profit per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $1.12 billion for this period.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $1.55. This was a direct result of the company's total revenue, which amounted to an impressive $1.14 billion during that specific period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $4.58 billion. Additionally, they expect the company to post profit of $6.06 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.63 | -18.9% | 1.18 B | -7.1% |
| Q1 2024 | $1.77 | -15.3% | 1.19 B | -5.8% |
| Q4 2023 | $1.37 | +12.3% | 1.09 B | +0.8% |
| Q3 2023 | $1.55 | +2.0% | 1.14 B | +0.6% |
| Q2 2023 | $2.01 | +20.4% | 1.27 B | +10.2% |
| *Growth on year-over-year basis | ||||
TKR will host a conference call with investment community on 5th November 2024 at 11:00 AM eastern time to discuss the financial results.
The Timken Company (TKR) shares traded as low as $83.04 and as high as $84.86 on a day volume of 709.50 thousand shares, closed Friday's regular trading session at $83.15, an upturn of 0.18 percent.
