TimkenSteel (TMST) Tops Q1 EPS by 5c, Revenues Beat

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TimkenSteel Announces First-Quarter 2019 Results

May 2, 2019 4:33 PM EDT

CANTON, Ohio, May 2, 2019 /PRNewswire/ -- TimkenSteel (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported first-quarter 2019 net sales of $371 million and net income of $4.2 million or $0.09 per diluted share. In the same quarter last year, net sales were $381 million with a net loss of $1.9 million or minus $0.04 per diluted share. EBITDA(1) for first-quarter 2019 was $26.3 million, an increase of $5 million over the same quarter last year.

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