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Date: 2013-08-01

Timken Raises Third-Quarter, Full-Year 2008 Earnings Estimates

The Timken Company (NYSE: TKR) raised its estimate for third-quarter 2008 earnings per diluted share, excluding special items, to $1.00 to $1.10, above its prior estimate for the quarter of $0.65 to $0.75 per share. During the third quarter, Timken benefited from continued strong global industrial demand and its capacity-expansion initiatives, as well as declining scrap prices and resulting lower LIFO charges.


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