Schnitzer Steel (SCHN) Misses Q4 EPS by 40c

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Schnitzer Reports Fourth Quarter and Fiscal 2022 Financial Results

October 24, 2022 8:00 AM EDT

Second Best Fiscal Year Earnings in Company's History

Strong Operating Cash Flow of $180 Million in the Fourth Quarter

PORTLAND, Ore.--(BUSINESS WIRE)-- Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today reported financial results for the fourth quarter and fiscal year ended August 31, 2022.

Fourth Quarter and Fiscal 2022 Highlights

Diluted earnings per share from continuing operations of $0.36 in the fourth quarter. Diluted earnings per share from continuing operations of $5.72 in fiscal 2022. Adjusted diluted earnings per share from continuing operations in the... More