Schnitzer Steel (SCHN) Tops Q3 EPS by 11c

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Go back to Schnitzer Steel (SCHN) Tops Q3 EPS by 11c

Schnitzer Reports Third Quarter 2018 Financial Results

June 26, 2018 8:30 AM EDT

Best Quarterly Consolidated Operating Income Since Fiscal 2011

SSI Ferrous Volumes Up 18% Year-over-Year

PORTLAND, Ore.--(BUSINESS WIRE)-- Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) today reported results for its third quarter of fiscal 2018 ended May 31, 2018. The Company reported earnings per share from continuing operations of $1.31 and adjusted earnings per share of $1.26. These results are more than double the prior year third quarter earnings per share from continuing operations of $0.60 and adjusted earnings per share of $0.56. Reported and adjusted earnings per share from continuing operations in the second... More