TimkenSteel (TMST) Reports Q4 Loss of $0.89, Revenues Beat

TimkenSteel (NYSE: TMST) reported Q4 EPS of ($0.89), versus ($0.06) reported last year. Revenue for the quarter came in at $406.4 million versus the consensus estimate of $394.08 million.

"We ended the year strong, delivering adjusted EBITDA and ship tons that exceeded our guidance for the quarter. Our performance was a culmination of the hard work by our entire team throughout 2018, during which we set several manufacturing and operational records, increased on-time delivery to over 90 percent by year-end, and achieved our safest year on record," said Tim Timken, chairman, CEO and president. "In 2019, we plan to build on what we accomplished in the past year with continued improvement in product mix and pricing, as well as a focus on operational excellence to drive shareholder value."

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

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