Timken reports Q3 EPS $1.55, consensus $1.59

Reports Q3 revenue $1.14B, consensus $1.2B. “Timken posted solid results in the quarter despite challenging business conditions across several sectors and geographies,” said Richard Kyle, Timken president and chief executive officer. “We executed well across the enterprise, as we expanded adjusted EBITDA margins in both segments and generated strong free cash flow. We also continued to deploy capital to strengthen our business and create sustained shareholder value, while maintaining a strong balance sheet.”