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Schnitzer Steel Indus Q1 Adj. EPS $(0.17) Misses $(0.16) Estimate, Sales $406M Miss $427.38M Estimate

Schnitzer Steel Indus (NASDAQ:SCHN) reported quarterly losses of $(0.17) per share which missed the analyst consensus estimate of $(0.16) by 6.25 percent. This is a 129.31 percent decrease over earnings of $0.58 per

Benzinga · 01/08/2020 13:01

Schnitzer Steel Indus (NASDAQ:SCHN) reported quarterly losses of $(0.17) per share which missed the analyst consensus estimate of $(0.16) by 6.25 percent. This is a 129.31 percent decrease over earnings of $0.58 per share from the same period last year. The company reported quarterly sales of $406 million which missed the analyst consensus estimate of $427.38 million by 5.00 percent. This is a 28.02 percent decrease over sales of $564.02 million the same period last year.