Schnitzer Steel (SCHN) Reports Strong Q3 Earnings; Guides Q4
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Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) reports Q3 EPS of $2.14, compared to the analyst estimate of $1.87. Revenues for the quarter were $972 million, versus the consensus of $937.67 million.
Sees Q4 revs "significantly higher" compared to Q407.
Schnitzer Steel Industries, Inc. engages in recycling ferrous and nonferrous metals, and used and salvaged vehicles; and manufacturing finished steel products in the United States and Canada.
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