earnings
confidence high
sentiment positive
materiality 0.80
TimkenSteel Q3 2021 net sales $343.7M, net income $50.1M, record adjusted EBITDA $72.0M
Metallus Inc.
2021-Q3 EPS reported
$2.12
revenue$944,600,000
- Net sales $343.7M (+5% sequentially, +67% YoY); net income $50.1M ($0.94 diluted EPS); adjusted net income $55.2M ($1.04 adjusted EPS).
- Record adjusted EBITDA $72.0M; operating cash flow $53.8M; total liquidity $444.4M.
- Ship tons 212,700 flat sequentially; industrial 111,000, energy +48% to 12,900, mobile -5% to 88,800 due to semiconductor shortage.
- Management highlights robust demand, strong pricing environment, and order book filling for first half 2022.