Schnitzer Steel (SCHN) Prelim. Q4 EPS Tops Consensus
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Fourth Quarter Fiscal 2021 Preliminary Results and Announcement of Earnings Date
September 30, 2021 8:00 AM EDTExpects Best Fourth Quarter Operating Performance Since 2011
PORTLAND, Ore.--(BUSINESS WIRE)-- Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today announced preliminary results for its fiscal 2021 fourth quarter ended August 31, 2021. The Company expects fourth quarter diluted earnings per share from continuing operations to be in the range of $1.40 - $1.48 and net income to be in the range of $43 million - $45 million. Adjusted earnings per share from continuing operations are expected to be in the range of $1.75 - $1.83, which excludes expected charges of $12 million or $0.31 per share related to legacy environmental... More
