12:04 PM EDT, 07/30/2025 (MT Newswires) -- (Updates with recent share price movement in the headline and the first paragraph.)
Timken (TKR) shares were down over 10% in recent Wednesday trading after the company reported Q2 earnings that decreased from a year earlier and lowered its full-year 2025 guidance.
The company reported Q2 adjusted earnings Wednesday of $1.42 per diluted share, down from $1.63 a year earlier.
Analysts polled by FactSet expected $1.36.
Net sales for the quarter ended June 30 were $1.17 billion, down from $1.18 billion a year earlier.
Analysts surveyed by FactSet expected $1.15 billion.
For full-year 2025, the company now expects adjusted EPS of between $5.10 and $5.40, compared with the prior estimate of $5.10 to $5.60. Analysts surveyed by FactSet expect $5.31.
Revenue growth for the full year is now expected to fall in the range of 2% to 5%, compared with the prior outlook of a decline of 2.5% to flat. Analysts surveyed by FactSet expect $4.5 billion.
Price: 72.56, Change: -8.43, Percent Change: -10.40