Schnitzer Steel (SCHN) Tops Q1 EPS by 18c, Revenues Beat

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Schnitzer Reports First Quarter Fiscal 2021 Financial Results

January 7, 2021 8:00 AM EST

Strategic Actions and Demand Drive Strong Improvement in Financial Performance

Schnitzer Board Declares Quarterly Dividend

PORTLAND, Ore.--(BUSINESS WIRE)-- Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today reported results for its first quarter of fiscal 2021 ended November 30, 2020.

First Quarter Fiscal 2021 Highlights

Diluted earnings per share from continuing operations of $0.50, more than triple earnings per share of $0.14 in the fourth quarter of fiscal 2020, and compared to a diluted loss per share from continuing operations of $(0.26) in the first quarter of... More