Schnitzer Steel (SCHN) Tops Q1 EPS by 2c

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Go back to Schnitzer Steel (SCHN) Tops Q1 EPS by 2c

Schnitzer Reports First Quarter 2018 Financial Results

January 9, 2018 8:30 AM EST

Strongest First Quarter Earnings Per Share Since Fiscal 2011

Significant Year-Over-Year Performance Improvements Driven by Higher Volumes and Margins

PORTLAND, Ore.--(BUSINESS WIRE)-- Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) today reported results for its first quarter of fiscal 2018 ended November 30, 2017. The Company reported earnings per share from continuing operations of $0.64 and adjusted earnings per share of $0.63, both of which include an adverse impact of $0.14 per share related to a legacy environmental liability of $4 million. These results compare to fourth quarter fiscal 2017 earnings per share from... More