{"schema_version":"secwatch.filing_event.v1","accession":"0000098362-23-000103","form_type":"8-K","ticker":"TKR","cik":"0000098362","company_name":"TIMKEN CO","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.126096+00:00","generated_at":"2026-06-12T10:53:29.659141+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Timken Q2 2023: record sales $1.27B, adj EPS $2.01; updates FY adj EPS guidance to $6.90-$7.30","bullets":["Record Q2 sales $1.27B (+10.3% YoY); net income $125.2M ($1.73 EPS), adjusted net income $146.1M ($2.01 EPS).","Engineered Bearings sales $857.2M (+7.4%), EBITDA margin 21.6%; Industrial Motion sales $415.1M (+16.8%), EBITDA margin 19.5%.","FY 2023 guidance: EPS $5.70-$6.10, adjusted EPS $6.90-$7.30; revenue growth ~8% vs 2022.","Repurchased 1.3M shares (~2% of outstanding); increased quarterly dividend by 6%.","Free cash flow $94.4M; closed Nadella acquisition and partial sale of Timken India stake."],"urls":{"canonical":"https://secwatch.observer/filing/0000098362-23-000103","json":"https://secwatch.observer/filing/0000098362-23-000103.json","markdown":"https://secwatch.observer/filing/0000098362-23-000103.md","text":"https://secwatch.observer/filing/0000098362-23-000103.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/98362/000009836223000103/0000098362-23-000103-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/98362/000009836223000103/tkr-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T10:53:29.659141+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"36cb46075328462f0824a889191acb14c808aa98","claim":"TIMKEN CO reported the second quarter of 2023 results: revenue $1.27 billion, net income $125.2 million or $1.73 per diluted share, EPS $1.73 per diluted share.","evidence_excerpt":"except as shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Timken Reports Strong Second-Quarter 2023 Results • Record sales of $1.27 billion, up 10 percent from last year • Second-quarter EPS of $1.73; adjusted EPS of $2.01 • Net income margin of 9.8 percent; adjusted EBITDA margin of 20.7 percent • Repurchased 1.3","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/98362/000009836223000103/0000098362-23-000103-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter of 2023"},{"label":"Revenue","value":"$1.27 billion"},{"label":"Net income","value":"$125.2 million or $1.73 per diluted share"},{"label":"EPS","value":"$1.73 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}