Timken reports Q3 2026 results and lifts full‑year EPS guidance
The Timken Company posted third‑quarter 2026 revenue of $1.21 billion, a 4.7% year‑over‑year increase. Diluted earnings per share were $1.34 and adjusted EPS $1.65, while net income margin was 7.7% and adjusted EBITDA margin 18.5%. The company raised its full‑year 2026 diluted EPS outlook to $4.05‑$4.20 and its adjusted EPS outlook to $6.35‑$6.50, repurchased about 505 k shares, returned $88.7 million to shareholders, and completed the sale of its belts business to Gates Industrial.
Why it matters
The higher full‑year EPS guidance and cash returns suggest stronger profitability, which helped the stock rise about 2.9% in after‑hours trading. Investors will reassess earnings expectations for 2026 based on the upgraded outlook.
Key facts
- 1Q3 2026 sales were $1.21 billion, up 4.7% YoY. prnewswire.com
- 2Diluted EPS for the quarter was $1.34 and adjusted EPS $1.65. prnewswire.com
- 3Net income margin in the quarter was 7.7%. prnewswire.com
- 4Adjusted EBITDA margin was 18.5% in the quarter. prnewswire.com
- 5Cash from operations was $256 million and free cash flow $221 million. prnewswire.com
- 6Full‑year 2026 diluted EPS outlook was raised to $4.05‑$4.20. prnewswire.com
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.