Titanium Metals Corp. (TIE) reported third-quarter net income attributable to stockholders of $1.1 million or $0.01 per share compared to $40.2 million or $0.22 per share last year.
On average, 5 analysts polled by Thomson Reuters expected the company to report profit of $0.03 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales decreased to $181.4 million from $295.4 million last year. Analysts expected revenue of $173.30 million for the quarter.
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