Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) manufacturer of finished steel products, is expected to report third quarter earnings results, before market open, on Wednesday 1st July 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.12 per share from revenue of $ 368.60 million.
Looking ahead, the full year income are expected at $ 0.08 per share on the revenues of $ 1559.60 million.
Stock Performance
According to the previous trading day, closing price of SCHN was $ 17.64, representing a 74.83 % increase from the 52 week low of $ 10.09 and a 35.78 % decrease over the 52 week high of $ 27.47.
The company has a market capital of $ 478.04 million and is part of the Basic Materials sector and Steel industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.1875 per share on April 30, 2020. The dividend were payable on June 25, 2020 to holders of record as of the close of business on May 11, 2020 and ex-dividend date on May 8, 2020.
Conference Call
Schnitzer Steel Industries, Inc. will be hosting a conference call at 11:30 AM eastern time on 1st July 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, (855) 859-2056 Toll Free, (United States) or (404) 537-3406 Outside U.S., with passcode : 7428518 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/ogfkqggv
Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and manufactures finished steel products worldwide. The company operates through two segments, Auto and Metals Recycling (AMR), and Cascade Steel and Scrap (CSS).
