$-0.08 EPS Expected for Timkensteel Corp (TMST)

July 18, 2017 - By Marry Poplack

 $ 0.08 EPS Expected for Timkensteel Corp (TMST)

Analysts await Timkensteel Corp (NYSE:TMST) to report earnings on July, 26. They expect $-0.08 EPS, up 66.67 % or $0.16 from last year’s $-0.24 per share. After $-0.12 actual EPS reported by Timkensteel Corp for the previous quarter, Wall Street now forecasts -33.33 % EPS growth. 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. Cowen & Co maintained the stock with “Outperform” rating in Thursday, August 6 report. The stock has “Outperform” rating by Cowen & Co on Tuesday, February 21. The firm has “Hold” rating by Jefferies given on Wednesday, January 13. The firm has “Market Perform” rating given on Wednesday, February 3 by Cowen & Co. The rating was maintained by Cowen & Co on Monday, June 26 with “Buy”. The firm has “Hold” rating by Jefferies given on Monday, June 26. On Monday, September 14 the stock rating was downgraded by Cowen & Co to “Market Perform”. The firm has “Buy” rating by Cowen & Co given on Wednesday, May 31. KeyBanc Capital Markets initiated the stock with “Sector Weight” rating in Monday, August 31 report. Jefferies maintained the shares of TMST in report on Wednesday, September 16 with “Buy” rating.

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.