Timken (TKR) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 5. On ...

文章核心观点 - 天禧公司(TKR)的股价自去年5月以来一直处于低谷,主要是因为其一个市场-中国风能市场-随着中国经济整体放缓而有所放缓 [1] 行业总结 - 中国风能市场放缓,拖累了天禧公司的股价表现 [1] 公司总结 - 天禧公司是一家上市公司,股票代码为TKR [1]

NORTH CANTON, Ohio, Oct. 14, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will release its third-quarter 2024 financial results on Tuesday, Nov. 5, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://i ...

The Timken Company (TKR) declared that it completed its previously announced acquisition of CGI, Inc. The acquisition of CGI will strengthen TKR's position as an international player in automation and robotics solutions. On Aug. 5, 2024, Timken revealed that it signed a deal to acquire CGI. TKR funded the deal using cash on hand and existing committed credit facilities. CGI's Portfolio Complements Timken CGI, founded in 1967, is a family-owned company with a compelling product portfolio, a strong presence i ...

NORTH CANTON, Ohio, Sept. 10, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR;www.timken.com), a global technology leader in engineered bearings and industrial motion, has completed its previously announced acquisition of CGI, Inc. CGI, Inc. manufactures precision drive systems serving a broad range of automation markets with a concentration in medical robotics. The business employs approximately 130 people and is expected to generate around $45 million in sales in 2024. About The Timken Company The Timk ...

文章核心观点 - 天肯公司(NYSE: TKR)宣布任命Tarak Mehta为公司新任总裁兼首席执行官 [1][2] - Mehta此前曾在ABB集团担任高管,拥有丰富的战略领导经验 [1] - 天肯公司董事会认为Mehta是引领公司未来发展的合适人选 [2] - 前任CEO Richard G. Kyle将转任顾问,协助领导层过渡,并于2025年2月退休 [2] 公司概况 - 天肯公司是一家全球技术领导者,专注于工程轴承和工业运动 [3] - 公司已有125年历史,致力于创新和提供客户中心的解决方案 [3] - 2023年公司销售额达48亿美元,在全球45个国家拥有19,000多名员工 [3] - 公司多次获得美国最具创新公司、最负责任公司等殊荣 [3] 新任CEO简介 - Tarak Mehta曾在ABB集团任职26年,担任集团执行委员会成员和运动业务总裁 [1] - Mehta是一位经验丰富的战略领导者,有着良好的业绩记录 [1] - 他擅长发展全球团队,实现卓越的运营管理 [1]

NORTH CANTON, Ohio, Aug. 29, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today issued its corporate social responsibility (CSR) report, providing an update on the company's actions to improve the lives of individuals and communities, benefit the planet and strengthen its business. "Our deep experience and specialized expertise provide us with a unique perspective and ability to navigate a rapidly changing world ...

NORTH CANTON, Ohio, Aug. 15, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will participate in the Jefferies Industrials Conference in New York City on Wednesday, Sept. 4, 2024, with a presentation scheduled at 7:30 a.m. Eastern Time. Presenting on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer and Neil Frohnapple, vice president of investor relations. A live web ...

董事会任命 - 公司任命Todd M Leombruno为董事会成员 使董事会成员总数增至11人[1] - 新任董事自2021年起担任Parker Hannifin Corp执行副总裁兼首席财务官 拥有超过30年财务管理工作经验[1] 新任董事背景 - 新任董事将担任董事会审计委员会及提名与公司治理委员会成员[2] - 新任董事持有俄亥俄大学工商管理学士学位及凯斯西储大学MBA学位[2] 公司业务概况 - 公司是全球工程轴承和工业传动技术领导者 2023年销售额达48亿美元[3] - 公司在全球45个国家开展业务 员工总数超过19,000人[3] 行业地位与荣誉 - 公司被《Fast Company》评为全球最具创新力公司之一[3] - 公司入选《新闻周刊》"美国最伟大职场"和"美国多元化最伟大职场"榜单[3] - 公司获得《美国新闻与世界报道》"最佳职场"和《财富》"美国最具创新力公司"认证[3]

Shares of The Timken Company (TKR) have moved down 7% since it reported second-quarter 2024 results on Jul 31, 2024, despite an earnings beat. Investors seem to be worried about the year-over-year declines in its top and bottom lines, reflecting significantly lower renewable energy demand in China. TKR reported adjusted earnings per share (EPS) of $1.63 for the quarter, which marked an 18.9% year-overyear decline. However, the bottom line beat the Zacks Consensus Estimate of $1.60. On a reported basis, the ...