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Tag: earnings

Timken Reports Strong Fourth-Quarter Results to Close Out a Record 2023

  Sales of $1.09 billion in the fourth quarter, up 1 percent from last year Fourth-quarter earnings per share of $0.83; adjusted EPS of $1.37 Record full-year sales...

Schaeffler Reports Strong Third Quarter Despite Challenging Market Conditions

  Schaeffler Group increases revenue for the first nine months of 2023 by 6.6 percent at constant currency to 12.3 billion euros (prior year:...

Timken Reports Third-Quarter 2023 Results

  Sales of $1.14 billion, up approximately 1 percent from last year Third-quarter earnings per share of $1.23; adjusted EPS of $1.55 Strong cash from operations of $194...

Timken Reports Record First-Quarter 2023 Results

  Record sales of $1.26 billion, up 12 percent in total and 11 percent organically from last year Record first-quarter EPS of $1.67; with all-time record...

Timken to Announce First-Quarter 2023 Financial Results on May 3

  The Timken Company, a global leader in engineered bearings and industrial motion products, will release its first-quarter 2023 financial results on Wednesday, May 3,...

Schaeffler Group closes 2022 with solid earnings

  Schaeffler Group revenue up 9.4 percent at constant currency to 15.8 billion EBIT before special items of 1,046 million euros results in EBIT margin before special...

Timken Reports Strong Fourth-Quarter and Full-Year 2022 Results

  Sales of $1.08 billion in the fourth quarter, up 7 percent in total and 10 percent organically from last year Fourth-quarter EPS of $1.32; adjusted EPS...

Timken Reports Record Second-Quarter 2022 Results; Raises Full-Year Earnings Outlook

  Record sales of $1.15 billion, up 11 percent organically from last year Record second-quarter earnings per diluted share of $1.42 on a GAAP basis, with all-time...

SKF Half-year report 2022: Solid growth and increasing price realization helping...

  Rickard Gustafson, President and CEO: “Review of the second quarter In the second quarter we saw organic revenue growth above 5%, driven by a general strong...

Schaeffler Group closes 2021 with strong results and raises dividend

  Schaeffler Group increases revenue by 9.7 percent at constant currency EBIT margin before special items of 9.1 percent (following 6.3 percent in the prior year),...