|Bid||51.23 x 800|
|Ask||51.24 x 800|
|Day's Range||51.08 - 52.34|
|52 Week Range||19.35 - 59.34|
|Beta (5Y Monthly)||1.40|
|PE Ratio (TTM)||25.12|
|Earnings Date||Oct 20, 2021 - Oct 25, 2021|
|Forward Dividend & Yield||0.75 (1.48%)|
|Ex-Dividend Date||Jul 09, 2021|
|1y Target Est||72.00|
Schnitzer Steel (SCHN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Schnitzer Steel Industries Inc. offered above-consensus guidance for its fiscal fourth quarter on Thursday, after the recycled metals market performed strongly with average ferrous selling prices at their highest since 2008 and non-ferrous market prices at or near multi-year highs. The Portland, Ore.-based company is now expecting per-share earnings to range from $1.40 to $1.48, and for adjusted per-share earnings to range from $1.75 to $1.83. That puts it well above the FactSet consensus of $1.
PORTLAND, Ore., September 30, 2021--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today announced preliminary results for its fiscal 2021 fourth quarter ended August 31, 2021. The Company expects fourth quarter diluted earnings per share from continuing operations to be in the range of $1.40 - $1.48 and net income to be in the range of $43 million - $45 million. Adjusted earnings per share from continuing operations are expected to be in the range of $1.75 - $1.83, which excludes expected char