TimkenSteel (TMST) Misses Q3 EPS by 2c

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Go back to TimkenSteel (TMST) Misses Q3 EPS by 2c

TimkenSteel Announces Third-Quarter 2016 Results

October 27, 2016 4:10 PM EDT

CANTON, Ohio, Oct. 27, 2016 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported third-quarter net sales of $213.8 million and a net loss of $16.6 million (or minus 38 cents per share), including after-tax pension settlement expense of $3.4 million. This compares with net sales of $232.7 million and a net loss of $30.8 million (or minus 69 cents per share) in the same quarter last year and net sales of $223.1 million and a net loss of $10.5 million (or minus 24 cents per share) for... More