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Timken (NYSE:TKR – Get Rating) updated its FY 2023 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $7.00-$7.50 for the period, compared to the consensus estimate of $7.02. The company issued revenue guidance of $4.92 billion-$4.92 billion, compared to the consensus revenue estimate of $4.85 billion. Timken also updated its […]
Timken (NYSE:TKR – Get Rating) issued an update on its FY 2023 earnings guidance on Wednesday morning. The company provided EPS guidance of $7.00-$7.50 for the period, compared to the consensus EPS estimate of $7.02. The company issued revenue guidance of $4.92 billion-$4.92 billion, compared to the consensus revenue estimate of $4.85 billion. Timken also […]
StockNews.com lowered shares of Timken (NYSE:TKR – Get Rating) from a strong-buy rating to a buy rating in a research report report published on Wednesday morning. Several other research analysts also recently weighed in on the company. Citigroup boosted their target price on Timken from $78.00 to $98.00 and gave the stock a buy rating […]
The Timken Company (NYSE:TKR – Get Rating) has received an average rating of “Moderate Buy” from the nine research firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month target price […]
For the first quarter that ended March 31, Timken posted a profit of $122.3 million, or $1.67 per share.