Timken narrows FY24 adjusted EPS view to $6.00-$6.20 from $6.00-$6.30

Consensus $6.21. The company said, “Timken is updating its full-year 2024 outlook, with earnings per diluted share now forecasted to be in the range of $5.00 to $5.20 and adjusted earnings per diluted share in the range of $6.00 to $6.20. The company now expects revenue to be down 3 to 4 percent in total from 2023.”