The Timken Company raised its full-year 2026 earnings guidance to a range of $3.75 to $4.05 per diluted share and projected about 5.5% revenue growth versus 2025 at the midpoint, while also completing a $47.97 million share buyback tranche and declaring a $0.36 quarterly dividend. The company reshaped its leadership team with new executive vice president roles for a chief commercial officer and chief operating officer, aligning management with its Elevate to Outperform plan. The revised outlook follows second-quarter results that showed higher sales but lower earnings, with a one-off loss impacting recent margins.
Timken CompanyRaises 2026 guidance, completes buyback, declares dividend, and reshapes leadership.
