Benzinga | Oct 22, 2020 08:32AM EDT

Schnitzer Steel Indus Q4 EPS $0.23 Beats $0.13 Estimate, Sales $465.00M Beat $412.60M Estimate

Schnitzer Steel Indus (NASDAQ:SCHN) reported quarterly earnings of $0.23 per share which beat the analyst consensus estimate of $0.13 by 76.92 percent. This is a 45.24 percent decrease over earnings of $0.42 per share from the same period last year. The company reported quarterly sales of $465.00 million which beat the analyst consensus estimate of $412.60 million by 12.70 percent. This is a 15.12 percent decrease over sales of $547.80 million the same period last year.