{"schema_version":"secwatch.filing_event.v1","accession":"0000098362-24-000048","form_type":"8-K","ticker":"TKR","cik":"0000098362","company_name":"TIMKEN CO","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.598283+00:00","generated_at":"2026-06-03T05:19:24.550318+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Timken Q1 sales $1.19B (-5.7% YoY), GAAP EPS $1.46; raises FY2024 guidance","bullets":["Net income $103.5M vs $122.3M YoY; adjusted net income $125.7M or $1.77 adjusted EPS.","Engineered Bearings segment sales down 10.9% to $802.5M; Industrial Motion sales up 7.1% to $387.8M.","Full-year 2024 outlook raised: now expects EPS $5.10-$5.40, adjusted EPS $6.00-$6.30.","Adjusted EBITDA margin 20.7% in Q1; net debt-to-adjusted EBITDA ratio 2.1x.","CEO succession: Tarak Mehta to join in September, succeeding Richard Kyle; Kyle to retire."],"urls":{"canonical":"https://secwatch.observer/filing/0000098362-24-000048","json":"https://secwatch.observer/filing/0000098362-24-000048.json","markdown":"https://secwatch.observer/filing/0000098362-24-000048.md","text":"https://secwatch.observer/filing/0000098362-24-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/98362/000009836224000048/0000098362-24-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/98362/000009836224000048/tkr-20240430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T05:19:24.550318+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":"a565f97cd397e2506da17345706e5a9403af9edd","claim":"TIMKEN CO reported the first quarter of 2024 results: revenue $1.19 billion, net income $103.5 million or $1.46 per diluted share, EPS $1.46 per diluted share. Guidance raised.","evidence_excerpt":"shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Timken Reports First-Quarter 2024 Results; Raises Full-Year Outlook • Sales of $1.19 billion, down 5.7 percent from last year • First-quarter earnings per share of $1.46; adjusted EPS of $1.77 • Strong margin performance in the quarter, with net income margin of 8.7","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/98362/000009836224000048/0000098362-24-000048-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2024"},{"label":"Revenue","value":"$1.19 billion"},{"label":"Net income","value":"$103.5 million or $1.46 per diluted share"},{"label":"EPS","value":"$1.46 per diluted share"},{"label":"Guidance","value":"raised"},{"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"}