Benzinga | Jan 6, 2022 08:04AM EST

Schnitzer Steel Indus Q1 Adj. EPS $1.58 Misses $1.76 Estimate, Sales $798.00M Miss $857.06M Estimate

Schnitzer Steel Indus (NASDAQ:SCHN) reported quarterly earnings of $1.58 per share which missed the analyst consensus estimate of $1.76 by 10.23 percent. This is a 177.19 percent increase over earnings of $0.57 per share from the same period last year. The company reported quarterly sales of $798.00 million which missed the analyst consensus estimate of $857.06 million by 6.89 percent. This is a 62.16 percent increase over sales of $492.11 million the same period last year.