Schnitzer Steel Industries Inc expected to post a loss of 70 cents a share - Earnings Preview

Radius Recycling

02/01/2024 13:33

* Schnitzer Steel Industries Inc  RDUS.OQ   RDUS.O  is
expected
to show a rise in quarterly revenue when it reports  results on
January 4 for the period ending August 31 2023
    * The Portland Oregon-based  company is expected to report a
7.4% increase in revenue to $643.35 million from $599 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Schnitzer Steel
Industries Inc
is for a loss of 70 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 11.4%
in the last three months. ​

This summary was machine generated January 2 at 13:33 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)