TimkenSteel (NYSE:TMST) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:10 PM.
Here’s what investors need to know about the announcement.
Earnings
TimkenSteel beat estimated earnings by 158.82%, reporting an EPS of $0.44 versus an estimate of $0.17.
Revenue was down $28.50 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 2.28% increase in the share price the next day.
Here’s a look at TimkenSteel’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.09 | 1.31 | 0.81 | |
| EPS Actual | -0.09 | -0.09 | 1.29 | 0.92 |
| Revenue Estimate | 308.10M | 335.65M | 411.35M | 338.40M |
| Revenue Actual | 245.40M | 316.80M | 415.70M | 352.00M |
To track all earnings releases for TimkenSteel visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
