U.S. Markets open in 4 hrs 54 mins

Timken: 3Q Earnings Snapshot

NORTH CANTON, Ohio (AP) _ Timken Co. (TKR) on Monday reported third-quarter earnings of $71.6 million.

On a per-share basis, the North Canton, Ohio-based company said it had net income of 91 cents. Earnings, adjusted for one-time gains and costs, were $1.06 per share.

The maker of bearings and power transmissions posted revenue of $881.3 million in the period.

Timken expects full-year earnings in the range of $4.18 to $4.23 per share.

Timken shares have fallen 24 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $37.27, a decrease of 22 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TKR at https://www.zacks.com/ap/TKR