TimkenSteel (TMST) Tops Q4 EPS by 20c
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TimkenSteel Announces Fourth-Quarter and Full-Year 2021 Results
February 24, 2022 4:10 PM ESTCANTON, Ohio, Feb. 24, 2022 /PRNewswire/ -- TimkenSteel (NYSE: TMST), a leader in high-quality specialty steel, manufactured components, and supply chain solutions, today reported fourth-quarter 2021 net sales of $338.3 million and net income of $57.1 million, or $1.07 per diluted share. On an adjusted basis(1), fourth-quarter 2021 net income was $42.3 million, or $0.80 per diluted share, and adjusted EBITDA was $62.1 million.
