Schnitzer Steel (SCHN) Tops Q1 EPS by 2c

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Schnitzer Reports First Quarter 2019 Financial Results

January 9, 2019 8:00 AM EST

AMRs Ferrous Sales Volumes Up 15% and Nonferrous Sales Volumes Up 18% Year-Over-Year

CSS Delivers Best First Quarter Since 2008

PORTLAND, Ore.--(BUSINESS WIRE)-- Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) today reported results for its first quarter of fiscal 2019 ended November30, 2018. The Company reported earnings per share from continuing operations of $0.57 and adjusted earnings per share of $0.58. In the first quarter of fiscal 2018, the Company reported earnings per share from continuing operations of $0.64 and adjusted earnings per share of $0.63. For a reconciliation of the adjusted... More