Schnitzer Reports Fourth Quarter and Fiscal 2020 Financial Results

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Schnitzer Steel (SCHN) Tops Q4 EPS by 1c, Revenues Beat

October 22, 2020 8:31 AM EDT

Schnitzer Steel (NASDAQ: SCHN) reported Q4 EPS of $0.14, $0.01 better than the analyst estimate of $0.13. Revenue for the quarter came in at $465 million versus the consensus estimate of $412.6 million.

Strong Sequential Improvement in Operating and Financial PerformanceReduced Debt to Lowest Level in a DecadeSchnitzer Board Declares Quarterly Dividend

Tamara Lundgren, Chairman and Chief Executive Officer, stated, These past seven months have been challenging for all of us. We have been... More