TimkenSteel (NYSE:TMST) reported its Q1 earnings results on Wednesday, May 4, 2022 at 05:10 PM.
Here's what investors need to know about the announcement.
Earnings
TimkenSteel beat estimated earnings by 13.58%, reporting an EPS of $0.92 versus an estimate of $0.81.
Revenue was up $78.40 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.2 which was followed by a 16.32% increase in the share price the next day.
Here's a look at TimkenSteel's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.6 | 0.66 | 0.65 | 0.36 |
| EPS Actual | 0.8 | 1.04 | 0.96 | 0.43 |
| Revenue Estimate | 315.50M | 330.20M | 326.40M | 244.90M |
| Revenue Actual | 338.30M | 343.70M | 327.30M | 273.60M |
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.
