Shares of Schnitzer Steel Indus (NASDAQ:SCHN) were unchanged at $12.52 in pre-market trading after the company reported Q2 results.
Earnings per share were down 35.42% year over year to $0.31, which beat the estimate of $0.24.
Revenue of $439,482,000 lower by 7.20% year over year, which beat the estimate of $432,020,000.
Schnitzer Steel Indus hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Apr 02, 2020
Time: 03:00 PM ET
Webcast URL: https://edge.media-server.com/mmc/p/q82bgrhj
Recent Stock Performance
52-week high: $27.47
Company's 52-week low was at $10.09
Price action over last quarter: down 40.69%
Schnitzer Steel Industries is one of the largest ferrous and nonferrous scrap metal recyclers in the U.S. Its metal recycling business collects and recycles auto bodies, rail cars, appliances, machinery, and construction demolition. Additionally, Schnitzer operates an auto-parts business that purchases obsolete vehicles and sells any useful parts to retail customers and a steelmaking business that supplies construction products along the West Coast.
See more from Benzinga
- 7 Basic Materials Stocks Moving In Thursday's Pre-Market Session
- 11 Technology Stocks Moving In Thursday's Pre-Market Session
- 6 Consumer Cyclical Stocks Moving In Thursday's Pre-Market Session
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.