Schnitzer Steel (SCHN) Misses Q1 EPS by 10c

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Schnitzer Reports First Quarter Fiscal 2023 Financial Results

January 5, 2023 8:00 AM EST

Increased Productivity Improvement Benefits Target from $40 million to $60 million

Expanded Recycling Services Platform with Acquisition of ScrapSource LLC

Schnitzer Board Declares Quarterly Dividend

PORTLAND, Ore.--(BUSINESS WIRE)-- Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today reported results for its first quarter of fiscal 2023 ended November 30, 2022.

First Quarter Fiscal 2023 Highlights

Diluted loss per share from continuing operations of $(0.64). Net loss of $(18) million and net loss per ferrous ton of $(21). Adjusted diluted loss per share from continuing... More