TimkenSteel (TMST) Tops Q3 EPS by 10c; Announces Cost-Cutting Measures
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TimkenSteel Corporation Announces Third-Quarter 2015 Results; Additional Cost Reductions
October 29, 2015 4:20 PM EDTCANTON, 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. Â
"The continuing impact from weak global commodity markets hit us harder in the third quarter than originally estimated. We are... More
