Markets
Timken Stock Plunges 10%, Wiping Out $816 Million, Even After Raising Its 2026 Profit Outlook
The bearings maker lifted its full-year earnings forecast, and a tariff refund helped its margin, yet the shares fell 10.19% in Wednesday trading.
Timken (TKR) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Markets
The bearings maker lifted its full-year earnings forecast, and a tariff refund helped its margin, yet the shares fell 10.19% in Wednesday trading.
Earnings
Third-quarter sales rose 4.7% to $1.21 billion, and the bearings maker now sees 2026 adjusted earnings of $6.35 to $6.50 a share.
SEC Filings
The Vanguard unit holds 3,523,069 shares of the bearings maker, with the position measured as of September 30.