Date: 2013-08-01

Timken Ready for its Quarterly Earnings Release

New York, January 26th (TradersHuddle.com) - Shares of Timken Company (NYSE:TKR) are trading higher by +1.66% ahead of its quarterly earnings release. Timken, the maker of bearings and Alloy Steel is expected to release its quarterly results on January 27th.

Wall Street Analysts consensus calls for a profit of $0.71 a share on $1.02 billion revenue.

Timken estimates have a range of $0.16 a share. The high estimate calls for profit of $0.78 a share and the low estimate is calling for a profit of $0.62 a share, a year ago for the quarter the company reported $0.31 a share.

The Timken Company (NYSE:TKR) manufactures and distributes anti-friction roller bearings and specialty alloy steels. Its products are used in general industry and in a wide variety of products, including passenger cars, machine tools, farm and construction equipment, and rolling mills, and other products.

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