A component of a universal joint bearing includes at least one casing having a cylindrical wall and a base and at least one formation projecting from the base. The at least one formation is receivable in a clamp of a rotational processing machine to secure the component to the rotational processing machine during a rotational machining of a wall of the component. Also a method that includes clamping the component by the formation and machining inner and outer surfaces of the component without unclamping the component.