Benzinga | Jan 7, 2021 08:20AM EST

Schnitzer Steel Indus Q1 EPS $0.57 Beats $0.39 Estimate, Sales $492.11M Beat $437.65M Estimate

Schnitzer Steel Indus (NASDAQ:SCHN) reported quarterly earnings of $0.57 per share which beat the analyst consensus estimate of $0.39 by 46.15 percent. This is a 435.29 percent increase over losses of $(0.17) per share from the same period last year. The company reported quarterly sales of $492.11 million which beat the analyst consensus estimate of $437.65 million by 12.44 percent. This is a 21.33 percent increase over sales of $405.58 million the same period last year.