What Does Wall Street See for Timken's Q2?

Before you go, we thought you'd like these...
Before you go close icon

Timken (NYSE: TKR) is expected to report Q2 earnings on July 26. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Timken's revenues will increase 8.9% and EPS will grow 16.5%.

The average estimate for revenue is $1.45 billion. On the bottom line, the average EPS estimate is $1.48.

Revenue details
Last quarter, Timken reported revenue of $1.42 billion. GAAP reported sales were 13% higher than the prior-year quarter's $1.25 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $1.58. GAAP EPS of $1.58 for Q1 were 40% higher than the prior-year quarter's $1.13 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 29.0%, 240 basis points better than the prior-year quarter. Operating margin was 17.4%, 280 basis points better than the prior-year quarter. Net margin was 11.0%, 200 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $5.63 billion. The average EPS estimate is $5.72.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 199 members out of 213 rating the stock outperform, and 14 members rating it underperform. Among 58 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 57 give Timken a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Timken is outperform, with an average price target of $62.40.

Can your portfolio provide you with enough income to last through retirement? You'll need more than Timken. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners