Schnitzer Steel (SCHN) Tops Q4 EPS by 8c
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Schnitzer Reports Fourth Quarter and Fiscal 2015 Financial Results
October 27, 2015 8:30 AM EDTIntegration of Auto and Metals Recycling Businesses Completed
Targeted Cost Reductions Achieved Ahead of Schedule
Improvement in Sequential Operating Performance
PORTLAND, Ore.--(BUSINESS WIRE)-- Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) today reported financial results for its fourth quarter and fiscal year ended August 31, 2015.
Fourth quarter adjusted earnings per share from continuing operations improved from the third quarter, reflecting increased profitability in both the Auto and Metals Recycling (AMR) and Steel Manufacturing Business (SMB). AMR generated adjusted operating income of $17... More
