Schnitzer Steel Industries Inc expected to post earnings of 22  cents a share - Earnings Preview

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03/04/2023 13:38

* Schnitzer Steel Industries Inc  SCHN.OQ   SCHN.O  is
expected
to show a fall in quarterly revenue when it reports  results on
April 5. 
    * The Portland Oregon-based  company is expected to report 
a
10.8% decrease in revenue to $698.474 million from $783.2
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Schnitzer Steel
Industries Inc is for earnings of 22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Schnitzer
Steel
Industries Inc is $39​, above​ its last closing price of $31.10.
​​​

This summary was machine generated April 3 at 12:38 GMT.  All
figures in US dollars  unless otherwise stated