Wednesday, July 26, 2017

Timken Q2 Profit Surges, Lifts FY17 Outlook

Timken Co. (TKR) Wednesday reported a surge in second quarter net profit attributable to the company to $82.5 million from $48.2 million last year. On a per share basis, earnings were $1.04, up from $0.61 a year ago. On an adjusted basis, earnings were $0.68.

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