$-0.08 EPS Expected for Timkensteel Corp (TMST)

July 18, 2017 - By Peter Erickson

 $ 0.08 EPS Expected for Timkensteel Corp (TMST)

Investors wait Timkensteel Corp (NYSE:TMST) to report on July, 26. its quarterly earnings Wall Street analysts expect $-0.08 EPS, up $0.16 or 66.67 % from last year’s $-0.24 same quarter earnings. Timkensteel Corp’s Wall Street analysts see -33.33 % EPS growth, taking into account the $-0.12 EPS reproted in the previous quarter, The stock increased 4.21% or $0.68 during the last trading session, reaching $16.83. About 372,256 shares traded. Timkensteel Corp (NYSE:TMST) has risen 34.77% since July 18, 2016 and is uptrending. It has outperformed by 18.07% the S&P500.

Timkensteel Corp (NYSE:TMST) Ratings Coverage

Among 5 analysts covering TimkenSteel (NYSE:TMST), 1 have Buy rating, 2 Sell and 2 Hold. Therefore 20% are positive. TimkenSteel had 14 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Sector Weight” rating by KeyBanc Capital Markets on Monday, August 31. The firm earned “Outperform” rating on Thursday, August 6 by Cowen & Co. Macquarie Research downgraded Timkensteel Corp (NYSE:TMST) on Tuesday, November 29 to “Underperform” rating. Jefferies maintained Timkensteel Corp (NYSE:TMST) on Wednesday, September 16 with “Buy” rating. The firm earned “Hold” rating on Monday, June 26 by Jefferies. The company was upgraded on Monday, May 29 by ValuEngine. The rating was upgraded by Cowen & Co on Thursday, August 11 to “Outperform”. Cowen & Co maintained Timkensteel Corp (NYSE:TMST) on Tuesday, February 21 with “Outperform” rating. On Wednesday, February 3 the stock rating was maintained by Cowen & Co with “Market Perform”. The rating was maintained by Cowen & Co with “Buy” on Monday, June 26.

TimkenSteel Corporation manufactures alloy steel, as well as carbon and micro-alloy steel. The company has market cap of $739.04 million. The Company’s portfolio includes special bar quality bars, seamless mechanical tubing and precision steel components. It currently has negative earnings. In addition, the Company supplies machining and thermal treatment services, as well as manage raw material recycling programs, which are used as a feeder system for its melt operations.

Another recent and important Timkensteel Corp (NYSE:TMST) news was published by Prnewswire.com which published an article titled: “TimkenSteel to Announce Second-Quarter 2017 Financial Results on August 1” on July 11, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.