TimkenSteel Announces First-Quarter 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/26/2026
- S&P 500 ends lower; chips tumble and Moderna rallies
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
- Needham Starts NeoVolta (NEOV) at Buy
- TD Cowen: 'Sober View Suggests Structural Alcohol Risks Are Overblown'
- Two major earthquakes strike Venezuela, killing at least 32 and injuring hundreds
- Hertz cuts guidance, announces notes and stock offerings, shares sink
- Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
TimkenSteel (TMST) Posts Smaller-than-Expected Q1 Loss; Sees Q1 Shipments Flat Q/Q
April 28, 2016 12:04 PM EDTTimkenSteel (NYSE: TMST) reported Q1 EPS of ($0.31), $0.14 better than the analyst estimate of ($0.45). Revenue for the quarter came in at $217.9 million versus the consensus estimate of $214.87 million.
EBITDA for the quarter was a loss of $1.6 million, a sequential improvement of $16 million and better than original first-quarter expectations.
"Our employees helped us achieve better-than-expected results in the... More
