TimkenSteel: Q1 Earnings Insights

TimkenSteel 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.

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.

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.