Timken Q3 profit beats expectations on industrial motion demand; raises outlook
TKR•Timken’s third-quarter sales rose 4.7% year over year to $1.21 billion, while adjusted EPS increased 20% to $1.65, beating the $1.48 consensus. The company raised its 2026 adjusted EPS outlook to $6.35-$6.50 and expects revenue to grow about 5.5%.
1. Quarterly results
Timken reported third-quarter sales of $1.21 billion, in line with analyst expectations, and adjusted EPS of $1.65, above the $1.48 consensus. Adjusted net income was $115.10 million, compared with an estimate of $103.24 million.
2. Raised outlook
The company raised its 2026 EPS outlook to $4.05-$4.20 and its adjusted EPS outlook to $6.35-$6.50. It expects 2026 revenue to rise about 5.5% from 2025 and 2027 organic sales to grow at a mid-single-digit rate over 2026.
3. Sales and margin drivers
Higher Industrial Motion volumes, revenue from the Bijur Delimon acquisition and higher pricing drove sales growth. Adjusted EBITDA benefited from $12.4 million in IEEPA tariff refunds, and the company expects the sale of its belts business to improve Industrial Motion segment margins.
