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Schnitzer Steel: Fiscal Q3 Earnings Snapshot

By Associated Press
Published: June 27, 2023, 8:06am

PORTLAND — Schnitzer Steel Industries Inc. (SCHN) on Tuesday reported earnings of $13.5 million in its fiscal third quarter.

The Portland, Oregon-based company said it had net income of 47 cents per share. Earnings, adjusted for one-time gains and costs, came to 67 cents per share.

The recycler of ferrous and nonferrous scrap metal posted revenue of $809.6 million in the period.

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