TimkenSteel (TMST) Misses Q1 EPS by 14c

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Go back to TimkenSteel (TMST) Misses Q1 EPS by 14c

TimkenSteel Announces First-Quarter 2017 Results; Shipments Increase with Growing Demand

April 27, 2017 4:34 PM EDT

CANTON, Ohio, April 27, 2017 /PRNewswire/ -- TimkenSteel (NYSE: TMST) (timkensteel.com), a leader in customized alloy steel products and services, today reported first-quarter net sales of $309.4 million and a net loss of $5.3 million or minus 12 cents per share.  This compares with net sales of $217.9 million and a net loss of $9.7 million or minus 22 cents per share in the same quarter last year, and net sales of $214.7 million and a net loss of $67.0 million or minus $1.52 per share in the fourth quarter of 2016. As noted previously, fourth-quarter 2016 results included $59.3 million in... More