TimkenSteel (TMST) Tops Q3 EPS by 9c, Revenues Miss

TimkenSteel (NYSE: TMST) reported Q3 EPS of $0.03, $0.09 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $409.9 million versus the consensus estimate of $420.9 million.

"We continue to build on our position as a leader in special bar quality steel to deliver a richer mix of products, and the third quarter demonstrated good results in that regard. Operational performance remains focused on safety and improved delivery," said Tim Timken, chairman, CEO and president. "We plan to run production aggressively in the fourth quarter in anticipation of a strong start to 2019."

For earnings history and earnings-related data on TimkenSteel (TMST) click here.

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