TimkenSteel Announces Third-Quarter 2020 Results

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TimkenSteel (TMST) Misses Q3 EPS by 14c, Revenues Beat

October 29, 2020 4:42 PM EDT

TimkenSteel (NYSE: TMST) reported Q3 EPS of ($0.38), $0.14 worse than the analyst estimate of ($0.24). Revenue for the quarter came in at $205.9 million versus the consensus estimate of $204.7 million.

"We continued to make progress on important initiatives during the quarter as our customers began to recover from the impact of the COVID-19 pandemic. Our focus on cash generation resulted in... More