Industrial component provider Timken will announce earnings results Tuesday morning. Analysts expect revenue to grow 5.2% year on year, an improvement from flat revenue in the same quarter last year. The company beat revenue expectations last quarter, reporting $1.23 billion, up 8% year on year, with strong EBITDA and full-year EPS guidance beats. Timken shares are down 3% over the last month, heading into earnings with an average analyst price target of $144.91 compared to the current share price of $140.23.
Timken CompanyEarnings preview with expected revenue growth and prior beat, but no actual results yet.