Benzinga | Apr 28, 2021 06:54AM EDT

Timken Q1 EPS $1.38 Beats $1.20 Estimate, Sales $1.03B Beat $980.60M Estimate

Timken (NYSE:TKR) reported quarterly earnings of $1.38 per share which beat the analyst consensus estimate of $1.20 by 15 percent. This is a 24.32 percent increase over earnings of $1.11 per share from the same period last year. The company reported quarterly sales of $1.03 billion which beat the analyst consensus estimate of $980.60 million by 5.04 percent. This is a 11.54 percent increase over sales of $923.40 million the same period last year.