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 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.71 | 2.08 | 0.99 | 0.39 |
| EPS Actual | 1.81 | 2.20 | 1.51 | 0.57 |
| Revenue Estimate | 782.07M | 807.75M | 597.10M | 437.65M |
| Revenue 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.
