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.
