secwatch.observer — SEC 8-K summary
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Issuer:     TIMKEN CO (TKR)
CIK:        0000098362
Form:       8-K
Filed at:   2021-11-01T23:59:59+00:00
Accession:  0000098362-21-000140
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Timken Q3 2021 sales up 16% to $1.04B; adjusted EPS $1.18, a Q3 record
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- Q3 sales $1.04B (+16% YoY); GAAP EPS $1.14; adjusted EPS $1.18.
- Process Industries sales $550M (+18%); EBITDA margin 23.6%.
- Mobile Industries sales $487M (+13.7%); EBITDA margin 10.9%.
- Free cash flow $62.7M; returned $53.1M to shareholders via dividends and buybacks.
- Completed acquisition of Intelligent Machine Solutions (iMS); expects robust demand into 2022 with price realization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/98362/000009836221000140/0000098362-21-000140-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/98362/000009836221000140/tkr-20211101.htm
  HTML page:      https://secwatch.observer/filing/0000098362-21-000140

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer