Recap: Schnitzer Steel Industries Q3 Earnings

Schnitzer Steel Industries SCHN reported its Q3 earnings results on Wednesday, June 29, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Schnitzer Steel Indus beat estimated earnings by 12.61%, reporting an EPS of $2.59 versus an estimate of $2.3.

Revenue was up $189.28 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 4.46% increase in the share price the next day.

Here's a look at Schnitzer Steel Indus's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	1.38	1.76	1.71	2.08
EPS Actual	1.38	1.58	1.81	2.20
Revenue Estimate	779.39M	857.06M	782.07M	807.75M
Revenue Actual	783.20M	798.12M	845.62M	820.72M

To track all earnings releases for Schnitzer Steel Indus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.