---
schema_version: "secwatch.filing_event.v1"
accession: "0000098362-24-000098"
form_type: "8-K"
ticker: "TKR"
cik: "0000098362"
company_name: "TIMKEN CO"
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:48:08.827411+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Timken Q2 2024: sales $1.18B (-7.1%), EPS $1.36; FY2024 EPS outlook $5.00-$5.20

## Summary
- Net income $96.2M ($1.36 EPS) vs $125.2M ($1.73) YoY; adjusted EPS $1.63 vs $2.01.
- Sales $1.18B, down 7.1% total (-7.7% organic); renewable energy weakness in China drove decline.
- Engineered Bearings sales $783.4M (-8.6%); Industrial Motion $398.9M (-3.9%); both segments saw margin compression.
- FY2024 outlook: revenue down 3-4%; adjusted EPS $6.00-$6.20; GAAP EPS $5.00-$5.20.
- CEO succession: Tarak Mehta to become president and CEO in early September 2024.

## SEC filing metadata
- accession: 0000098362-24-000098
- form_type: 8-K
- ticker: TKR
- cik: 0000098362
- company_name: TIMKEN CO
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/98362/000009836224000098/0000098362-24-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/98362/000009836224000098/tkr-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000098362-24-000098
- JSON: https://secwatch.observer/filing/0000098362-24-000098.json
- Plain text: https://secwatch.observer/filing/0000098362-24-000098.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.