The Timken Company (TKR) CEO Richard Kyle on Q1 2022 Results - Earnings Call Transcript

May 02, 2022 3:46 PM ETThe Timken Company (TKR) StockTKR
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Q1: 2022-05-02 Earnings Summary

EPS of $1.61 beats by $0.45
 | Revenue of $1.12B (9.67% Y/Y) beats by $11.21M

The Timken Company (NYSE:TKR) Q1 2022 Earnings Conference Call May 2, 2022 10:00 AM ET

Company Participants

Neil Frohnapple - Director of IR
Richard Kyle - President and CEO
Philip Fracassa - CFO

Conference Call Participants

Rob Wertheimer - Melius Research
Bryan Blair - Oppenheimer
David Raso - Evercore ISI
Stephen Volkmann - Jefferies
Chris Dankert - Loop Capital
Joe Ritchie - Goldman Sachs
Steve Barger - KeyBanc Capital Markets
Courtney Yakavonis - Morgan Stanley
Michael Feniger - Bank of America

Operator

Good morning. My name is, Christina, and I will be your conference operator today. As a reminder, this call is being recorded. At this time, I would like to welcome everyone to Timken's First Quarter Earnings Release Conference Call. [Operator Instructions]

Thank you, Mr. Frohnapple, you may begin your conference.

Neil Frohnapple

Thanks, Christina. And welcome, everyone, to our first quarter 2022 earnings conference call. This is Neil Frohnapple, Director of Investor Relations for The Timken Company. We appreciate you joining us today. Before we begin our remarks this morning, I want to point out that we have posted presentation materials, on the company's website, that we will reference as part of today's review of the quarterly results. You can also access this material through the download feature on the earnings call webcast link.

With me today are The Timken Company's President and CEO, Rich Kyle; and Phil Fracassa, our Chief Financial Officer. We will have opening comments this morning from both, Rich and Phil, before we open up the call for your questions. During the Q&A, I would ask that you please limit your questions to one question and one follow-up at a time to allow everyone a chance to participate.

During today's call, you may hear forward-looking statements related to our future financial results, plans and business operations. Our

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