Timken Co <TKR.N>: Profits of $1.09 per share anticipated for fourth quarter

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3 February 2023  03:02 p.m. All figures in US dollars. 
Timken Co is expected to show an increase in its fourth quarter
earnings to $1.09​ per share according to the mean Refinitiv
estimate from eleven analysts.   Wall Street expects results to
range from $1.06 to ​$1.13 per share. 
RECOMMENDATIONS 
* The consensus recommendation for the company is "Buy". This
includes five "Strong Buy",  three "Buy",  three "Hold". 
* The average consensus recommendation for the industrial
machinery & equipment peer group is also "Buy".
FORECAST CHANGES
* Eleven analysts are currently providing Refinitiv with
estimates. 
* In the last week there have been no earnings estimate
revisions by analysts covering the company.   There were no
changes to the number of estimates.
* In the last four weeks the earnings per share estimate   has
risen by 0.42 percent from $1.09.  Estimates ranged from a high
of $1.13 to a low of $1.05.  There has been no changes to the
number of estimates.
* The StarMine predicted earnings surprise is too low to be
considered statistically significant. Predicted revenue surprise
is too low to be significant.
* The average price target from the eleven analysts providing
estimates is $79.8.
YEAR OVER YEAR
* The company is expected to report a rise in revenue to $1.09
billion from $1.01 billion in the same quarter last year.
* The current quarter consensus estimate of  $1.09 per share  
implies a gain of 39.97 percent from the same quarter last
year when the company reported 78 cents per share. 
* Previous quarterly performance (using preferred earnings
measure)
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.33           1.52           Beat
 Jun. 30 2022      1.34           1.67           Beat
 Mar. 31 2022      1.16           1.61           Beat
 Dec. 31 2021      0.91           0.78           Missed
 This summary was machine generated from Refinitiv data February
3 at 03:02 p.m..