Schnitzer Steel: Fiscal Q4 Earnings Snapshot
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PORTLAND, Ore. (AP) — PORTLAND, Ore. (AP) — Schnitzer Steel Industries Inc. (RDUS) on Wednesday reported a loss of $25.8 million in its fiscal fourth quarter.
On a per-share basis, the Portland, Oregon-based company said it had a loss of 92 cents. Earnings, adjusted for one-time gains and costs, came to 47 cents per share.
The recycler of ferrous and nonferrous scrap metal posted revenue of $717.9 million in the period.
For the year, the company reported a loss of $25.8 million, or 92 cents per share. Revenue was reported as $2.88 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RDUS at https://www.zacks.com/ap/RDUS
