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Timken reports Q4 adjusted EPS $1.22, consensus $1.09

Reports Q4 revenue $1.08B, consensus $1.09B. "We delivered excellent results in the fourth quarter, driven by strong execution and improved price-cost performance," said Richard Kyle, Timken president and chief executive officer. "In 2022, Timken continued to grow its position as a diversified industrial leader and delivered record revenue and earnings per share with solid operating margin expansion. We have the right strategy, the right team and the right portfolio in place to continue our positive momentum heading into 2023."

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