Schnitzer Reports Fourth Quarter and Fiscal 2018 Financial Results

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Schnitzer Steel (SCHN) Reports Q4 EPS of $2.06, Revenues Beat

October 24, 2018 8:34 AM EDT

Schnitzer Steel (NASDAQ: SCHN) reported Q4 EPS of $2.06, versus $0.95 reported last year. Revenue for the quarter came in at $670 million versus the consensus estimate of $641.6 million.

EPS includes discrete tax benefit of $30 million, or $1.06 per shareBest Fourth Quarter and Fiscal Year Operating Income Since Fiscal 2011Fourth Quarter Total SSI Volumes Up 22% for Ferrous and Up 15% for Nonferrous... More