Schnitzer Reports Third Quarter 2020 Financial Results

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Schnitzer Steel (SCHN) Tops Q3 EPS by 17c, Revenues Beat

July 1, 2020 8:03 AM EDT

Schnitzer Steel (NASDAQ: SCHN) reported Q3 EPS of $0.05, $0.17 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $403 million versus the consensus estimate of $368.6 million.

Our team has worked tirelessly through this pandemic, serving our customers and communities, and supporting our suppliers, demonstrating the critical and essential role of our business. Early on, we deployed health, safety, and wellness protocols... More