(Adds details from conference call) NEW YORK, Oct 26 (Reuters) - The Timken Co. , a maker of industrial bearings for industries like automakers, on Wednesday reported sharply higher quarterly profit citing strength in its global markets, and raised its full-year forecast, which boosted Timken shares by 3 percent. Third-quarter earnings more than doubled to $39.8 million, or 43 cents per share, compared with $17.5 million, or 19 cents per share, a year earlier. Excluding items, Timken ...
Premium Content (PAID Subscription Required)
"UPDATE 3-Timken posts higher profit, raises yearly forecast" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.