Schnitzer Reports Third Quarter 2015 Financial Results

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BofA/Merrill Lynch Upgrades Schnitzer Steel (SCHN) Two Notches to Buy

July 1, 2015 7:33 AM EDT

BofA/Merrill Lynch upgraded Schnitzer Steel (NASDAQ: SCHN) from Underperform to Buy with a price target of $21. Analyst Timna Tanners believes FQ3 results were a trough and noted steadier scrap prices, cost savings, and valuation.

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Schnitzer Steel (SCHN) Tops Q3 EPS by 14c

June 30, 2015 8:39 AM EDT

Schnitzer Steel (NASDAQ: SCHN) reported Q3 EPS of $0.00, $0.14 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $467 million versus the consensus estimate of $503.76 million.

For earnings history and earnings-related data on Schnitzer Steel (SCHN) click here.

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