The Timken Company (NYSE:TKR) headquartered in North Canton, will host a conference call for the investment community to discuss the 3Q20 financial results on 29th October 2020 at 11:00 AM Eastern Time.
The conference call will also be webcast live under the investor relations section of the website www.timken.com
Earnings Expectation
The Timken Company is expected to report third quarter earnings results, before market open, on Thursday 29th October 2020. Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.90 per share from revenue of $ 817.12 million. Looking ahead, the full year income are expected at $ 3.77 per share on the revenues of $ 3363.63 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 3,714.00 million ~ $ 3,866.00 million, where as bottomline are predicted in a range of $ 4.25 ~ $ 4.65 per share
Click Here For More Historical Outlooks Of The Timken Company
The Timken Company engineers, manufactures, and markets engineered bearings and power transmission products worldwide. It operates in two segments, Mobile Industries and Process Industries. The Mobile Industries segment offers a portfolio of bearings, seals, and lubrication devices and systems, as well as power transmission components, engineered chains, augers, belts, couplings, clutches, brakes, and related products and maintenance services to original equipment manufacturers (OEMs) and end users of off-highway equipment for the agricultural, construction, mining, outdoor power equipment, and power sports markets; and on-highway vehicles, including passenger cars, light trucks, and medium- and heavy-duty trucks, as well as rail cars and locomotives.
