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TMST

TimkenSteel Corp

$16.93

Earnings Summary

Revenue
$415.7Mn
Net Profits
$74.5Mn
Net Profit Margins
17.92%
PE Ratio
6.44

Highlights

Revenue:

TimkenSteel Corp’s revenue jumped 27.01% since last year same period to $415.7Mn in the Q2 2022. On a quarterly growth basis, TimkenSteel Corp has generated 18.1% jump in its revenue since last 3-months.

Net Profits:

TimkenSteel Corp’s net profit jumped 37.96% since last year same period to $74.5Mn in the Q2 2022. On a quarterly growth basis, TimkenSteel Corp has generated 100.81% jump in its net profits since last 3-months.

Net Profit Margins:

TimkenSteel Corp’s net profit margin jumped 8.62% since last year same period to 17.92% in the Q2 2022. On a quarterly growth basis, TimkenSteel Corp has generated 70.04% jump in its net profit margins since last 3-months.

PE Ratio:

TimkenSteel Corp’s price-to-earnings ratio after this Q2 2022 earnings stands at 6.44.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the TimkenSteel Corp post its latest quarter earnings

EPS Estimate Current Quarter
1.31
EPS Estimate Current Year
1.31

Highlights

EPS Estimate Current Quarter:

TimkenSteel Corp’s earning per share (EPS) estimates for the current quarter stand at 1.31 - a 61.73% jump from last quarter’s estimates.

EPS Estimate Current Year:

TimkenSteel Corp’s earning per share (EPS) estimates for the current year stand at 1.31.

Key Ratios

Key ratios of the TimkenSteel Corp post its Q2 2022 earnings

Return on Assets (ROA)
0.12
Return on Equity (ROE)
0.29
Dividend Per Share (DPS)
0

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. TimkenSteel Corp’s return on assets (ROA) stands at 0.12.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. TimkenSteel Corp’s return on equity (ROE) stands at 0.29.

Dividend Per Share (DPS):

TimkenSteel Corp declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-04
0.81
0.92
13.58%

Company Information

TimkenSteel manufactures high-performance carbon and alloy steel products in Canton, OH serving demanding applications in automotive, energy and a variety of industrial end markets. The company is a premier U.S. producer of alloy steel bars (up to 16 inches in diameter), seamless mechanical tubing and precision components. In the business of making high-qualitysteel primarily from recycled materials for more than 100 years, TimkenSteel's proven expertise contributes to the performance of its customers' products. The company employs approximately 2,000 people and had sales of $831 million in 2020.

Organisation
TimkenSteel Corp
Headquarters
Canton, Ohio, US
Employees
2K
Industry
Non-Energy Minerals
CEO
Terry Dunlap