Schnitzer Steel (SCHN) Prelim. Q4 EPS Tops Views
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Schnitzer Provides Preliminary Results for Fourth Quarter of Fiscal 2016
September 28, 2016 4:15 PM EDTFourth Quarter and Fiscal Year-End Earnings Conference Call October 25, 2016 11:30 a.m. Eastern
PORTLAND, Ore.--(BUSINESS WIRE)-- Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) announced preliminary results for its fourth quarter of fiscal 2016 ended August 31, 2016. Schnitzer expects fourth quarter earnings per share from continuing operations attributable to SSI to be in the range of $0.55 - $0.59, including a benefit from an insurance reimbursement of approximately $0.21 per share. Adjusted earnings per share from continuing operations attributable to SSI are expected to be in the range of $0.56 - $0.60, excluding asset impairment charges of $0.08, a net gain... More