Benzinga | Jan 6, 2022 08:16AM EST

Schnitzer Steel Industries: Q1 Earnings Insights



Schnitzer Steel Industries (NASDAQ:SCHN) reported its Q1 earnings results on Thursday, January 6, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Schnitzer Steel Indus missed estimated earnings by 10.23%, reporting an EPS of $1.58 versus an estimate of $1.76, which surprised analysts.

Revenue was up $306.01 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1, which was followed by a 4.07% increase in the share price the next day.

Here's a look at Schnitzer Steel Indus's past performance:



Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021EPS Estimate 1.71 2.08 0.99 0.39EPS Actual 1.81 2.20 1.51 0.57Revenue Estimate 782.07M 807.75M 597.10M 437.65MRevenue Actual 845.62M 820.72M 600.11M 492.11M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.