TimkenSteel (TMST) Tops Q1 EPS by 7c, Revenues Beat

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Go back to TimkenSteel (TMST) Tops Q1 EPS by 7c, Revenues Beat

TimkenSteel Announces First-Quarter 2021 Results

May 6, 2021 4:15 PM EDT

CANTON, Ohio, May 6, 2021 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in customized alloy steel products and services, today reported first-quarter 2021 net sales of $273.6 million and net income of $9.8 million, or $0.20 per diluted share. On an adjusted basis(1), first-quarter 2021 net income was $22.6 million, or $0.43 per diluted share, and adjusted EBITDA was $40.8 million.

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