The Timken Co (TKR) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ...

By Yahoo! Finance | Nov 6, 2024 at 02:24 AM EST

The wind energy sector is experiencing a decline, and the company does not anticipate a recovery in 2025. They are focusing on profitable projects and reviewing their portfolio for potential divestitures while maintaining a disciplined capital allocation strategy. Share buybacks may be considered if no attractive opportunities arise.

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