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NORTH CANTON - On Wednesday, Timken Company (NYSE:TKR) reported third-quarter 2025 adjusted earnings that exceeded analyst expectations, as the engineered bearings and industrial motion technology leader delivered improved sales and operating performance despite mixed market conditions.
The company posted adjusted earnings of $1.37 per share, surpassing the analyst consensus of $1.25. Revenue reached $1.16 billion, up 2.7% YoY and above the $1.12 billion analysts had projected.
"We achieved higher sales, operating earnings and cash flow in the quarter compared to last year," said Lucian Boldea, president and chief executive officer. "Our team is operating with rigor, focused on finishing the year strong, and moving with urgency to position the company for earnings growth in 2026."
Third-quarter sales growth was driven by higher pricing, favorable foreign currency translation, and revenue from the CGI acquisition, which helped offset lower end-market demand in the Industrial Motion segment. Organically, sales increased 0.6% compared to the same period last year.
The company’s Engineered Bearings segment saw sales rise 3.4% to $765.8 million, primarily due to higher renewable energy demand. The Industrial Motion segment reported a 1.3% increase to $391.3 million, as acquisition revenue and pricing offset lower services revenue.
Adjusted EBITDA margin improved to 17.4% from 16.9% in the year-ago quarter. Free cash flow nearly doubled to $163.8 million from $88.2 million last year.
Timken updated its full-year 2025 outlook, now expecting adjusted earnings of $5.20 to $5.30 per share, in line with the analyst consensus of $5.23. The company now forecasts full-year revenue to be down approximately 0.75% at the midpoint, a slight improvement from its previous guidance.
"I am excited to lead Timken forward and see many opportunities to create value and support the evolving needs of our customers by leveraging our portfolio of differentiated, mission-critical solutions," Boldea added.
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