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Timken (NYSE:TKR) Releases Quarterly Earnings Results, Beats Estimates By $0.21 EPS
['Latisha Jones']
Daily Political
The industrial products company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.21, FiscalAI reports.
Timken Stock PerformanceShares of TKR opened at $141.78 on Tuesday.
Royal Bank of Canada now owns 90,550 shares of the industrial products company’s stock valued at $6,508,000 after acquiring an additional 27,750 shares during the period.
Goldman Sachs Group Inc. now owns 355,765 shares of the industrial products company’s stock worth $25,569,000 after acquiring an additional 211,718 shares during the period.
Invesco Ltd. now owns 604,879 shares of the industrial products company’s stock valued at $43,884,000 after purchasing an additional 427,879 shares during the period.