TimkenSteel Corp expected to post earnings of 27 cents a share - Earnings Preview

Reuters02-24

* TimkenSteel Corp is expected to show a rise in quarterly revenue when it reports results on February 27 for the period ending December 31 2023

* The Canton Ohio-based company is expected to report a 33.2% increase in revenue to $326.967 million from $245.4 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for TimkenSteel Corp is for earnings of 27 cents per share.

* The one available analyst rating on the shares is "hold".

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for TimkenSteel Corp is $28.00​, above​ its last closing price of $19.97. ​​​

The company's guidance on November 3 2023 for the period ended December 31 was for Capital Expenditures of USD15 million. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Sep. 30 2023 0.51 0.53 0.52 Missed -1.9

Jun. 30 2023 0.58 0.57 0.60 Beat 5.9

Mar. 31 2023 0.16 0.17 0.44 Beat 164​

Dec. 31 2022 -0.13 -0.09 -0.10 Missed -5.3

​​Sep. 0.15 0.25 -0.09 Missed -136.7

30 2022

Jun. 30 2022 1.36 1.33 1.27 Missed -4.5​

Mar. 31 2022 0.81 0.81 0.92 Beat 13.6

Dec. 31 2021 0.60 0.60 0.80 Beat 33.3

This summary was machine generated February 23 at 21:06 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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