Timken ( NYSE:TKR – Get Rating ) announced its quarterly earnings data on Wednesday. The industrial products company reported $2.09 EPS for the quarter, beating the consensus estimate of $1.85 by $0.24, Briefing.com reports. Timken had a net margin of 8.88% and a return on equity of 20.72%. The firm had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.23 billion. During the same quarter last year, the business earned $1.61 earnings per share. The business's revenue for the quarter was up 12.

https://www.dailypolitical.com/2023/05/05/timken-nysetkr-posts-quarterly-earnings-results-beats-expectations-by-0-24-eps.html

#dailypolitical