TimkenSteel (TMST) Reports Q1 EPS of $0.15

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TimkenSteel Corporation Announces First-Quarter 2015 Results; Reports Earnings Per Share of $0.15

April 30, 2015 4:15 PM EDT

CANTON, Ohio, April 30, 2015 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported first-quarter net income of $6.9 million on net sales of $388.7 million. 

"We saw increased volume in the first quarter compared with this time last year, although our earnings did not benefit from the higher volume due largely to pricing conditions in the scrap market," said Ward J. "Tim" Timken, Jr., chairman, CEO and president.  "Ferrous metal... More