TimkenSteel (TMST) Tops Q3 EPS by 10c; Announces Cost-Cutting Measures

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. CVS
9. SPY
10. XYZ

Go back to TimkenSteel (TMST) Tops Q3 EPS by 10c; Announces Cost-Cutting Measures

TimkenSteel Corporation Announces Third-Quarter 2015 Results; Additional Cost Reductions

October 29, 2015 4:20 PM EDT

CANTON, Ohio, Oct. 29, 2015 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported third-quarter net sales of $232.7 million and a net loss of $30.8 million or minus 69 cents per share.  This compares with net income of $25.7 million or 56 cents per share in the same quarter last year.  

"The continuing impact from weak global commodity markets hit us harder in the third quarter than originally estimated.  We are... More