Timken (NYSE: TKR) reported earnings on April 24. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Timken missed estimates on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped significantly. Non-GAAP earnings per share dropped significantly. GAAP earnings per share dropped significantly.

Margins shrank across the board.

Revenue details
Timken reported revenue of $1.09 billion. The seven analysts polled by S&P Capital IQ hoped for sales of $1.16 billion on the same basis. GAAP reported sales were 23% lower than the prior-year quarter's $1.42 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.78. The nine earnings estimates compiled by S&P Capital IQ averaged $0.79 per share. Non-GAAP EPS of $0.78 for Q1 were 51% lower than the prior-year quarter's $1.58 per share. GAAP EPS of $0.77 for Q1 were 51% lower than the prior-year quarter's $1.58 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 25.2%, 380 basis points worse than the prior-year quarter. Operating margin was 11.1%, 630 basis points worse than the prior-year quarter. Net margin was 6.9%, 410 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $1.21 billion. On the bottom line, the average EPS estimate is $0.98.

Next year's average estimate for revenue is $4.77 billion. The average EPS estimate is $4.09.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 211 members out of 225 rating the stock outperform, and 14 members rating it underperform. Among 68 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 65 give Timken a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Timken is outperform, with an average price target of $61.00.

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