TimkenSteel (TMST) Misses Q4 EPS by 43c
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TimkenSteel Announces Fourth-Quarter and Full-Year 2017 Results; Expects Stronger 2018
January 25, 2018 5:20 PM ESTCANTON, Ohio, Jan. 25, 2018 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported fourth-quarter net sales of $341.4 million, compared with net sales of $214.7 million in the same quarter last year and $339.1 million in the third quarter of 2017. The company reported a net loss of $34.4 million or minus $0.77 per share for the fourth quarter of 2017, compared with a net loss of $67.0 million or minus $1.52 per share in the same quarter last year, and net loss of $5.9 million or minus $0.13 per share in the third quarter of 2017.... More
