The Timken Company (TKR) Q1 2023 Earnings Call Transcript

The Timken Company (NYSE:TKR) Q1 2023 Earnings Conference Call May 3, 2023 11:00 AM ET

Company Participants

Neil Frohnapple - Director of Investor Relations
Richard Kyle - President and Chief Executive Officer
Philip Fracassa - Executive Vice President and Chief Financial Officer

Conference Call Participants

Stephen Volkmann - Jefferies LLC
Robert Wertheimer - Melius Research LLC
Bryan Blair - Oppenheimer & Co.
David Raso - Evercore ISI
Steve Barger - KeyBanc Capital Markets Inc.
Timothy Thein - Citigroup Inc.
Michael Feniger - Bank of America Merrill Lynch
Joseph Ritchie - Goldman Sachs Group, Inc.

Operator

Good morning. My name is Emily, and I'll be your conference operator today. At this time, I would like to welcome everyone to Timken's First Quarter Earnings Release Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

Mr. Frohnapple, you may begin your conference.

Neil Frohnapple

Thanks, Emily, and welcome, everyone, to our first quarter 2023 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