Timken Expects 2026 Adjusted EPS of $6.35–$6.50
Timken expects 2026 adjusted EPS of $6.35–$6.50, versus a FactSet estimate of $6.28.
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12:33:20 PM UTC
SquawkNews
The Timken Company announced its third-quarter 2026 financial results, highlighting a 4.7% year-over-year increase in sales and an adjusted earnings per share (EPS) of $1.65. The company reported an adjusted EBITDA margin of 18.5%, representing an improvement of 110 basis points. Driven by these results and strong performance in its Industrial Motion segment, the company raised its full-year 2026 adjusted EPS guidance to a range of $6.35 to $6.50. Additionally, the company noted that the previously announced sale of its belts business was successfully completed in September 2026, supporting its ongoing portfolio optimization strategy.