** charts before earnings **
** charts after earnings **
Schnitzer Steel beats by $0.02, reports revs in-line
- Reports Q1 (Nov) earnings of $0.58 per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of $0.56; revenues rose 16.8% year/year to $564 mln vs the $561.48 mln S&P Capital IQ Consensus.
- Ferrous sales volumes in the first quarter increased 15% compared to the prior year first quarter, primarily due to stronger domestic demand and commercial initiatives to increase our supply flows. Ferrous sales volumes decreased 11% sequentially primarily due to seasonality.
No comments:
Post a Comment