Industrial component provider Timken (NYSE: TKR) will be reporting results this Wednesday before market open. Here’s what to expect.

Timken beat analysts’ revenue expectations by 3.6% last quarter, reporting revenues of $1.16 billion, up 2.7% year on year. It was an exceptional quarter for the company, with a solid beat of analysts’ adjusted operating income estimates and an impressive beat of analysts’ revenue estimates.

Is Timken a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Timken’s revenue to be flat year on year at $1.07 billion, improving from the 1.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.09 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Timken has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 1.9% on average.

Looking at Timken’s peers in the industrial machinery segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Applied Industrial delivered year-on-year revenue growth of 8.4%, missing analysts’ expectations by 0.7%, and GE Aerospace reported revenues up 17.6%, topping estimates by 13.9%. Applied Industrial traded down 9% following the results while GE Aerospace was also down 7.7%.

Read our full analysis of Applied Industrial’s results here and GE Aerospace’s results here.

There has been positive sentiment among investors in the industrial machinery segment, with share prices up 7.1% on average over the last month. Timken is up 7.5% during the same time and is heading into earnings with an average analyst price target of $92.03 (compared to the current share price of $94.98).

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