Schnitzer Steel Industries, Inc. (SCHN) CEO Tamara Lundgren on Q2 2019 Results - Earnings Call Transcript

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Q2: 2019-04-04 Earnings Summary

EPS of $0.48 beats by $0.02
 | Revenue of $473.57M (-15.35% Y/Y) misses by $13.68M

Schnitzer Steel Industries, Inc. (SCHN) Q2 2019 Results Conference Call April 4, 2019 11:30 AM ET

Company Participants

Michael Bennett - Investor Relations
Tamara Lundgren - Chief Executive Officer
Richard Peach - Chief Financial Officer, Chief of Corporate Operations

Conference Call Participants

Matthew Korn - Goldman Sachs
Phil Gibbs - KeyBanc Capital Markets
Piyush Sood - Morgan Stanley
Tyler Kenyon - Cowen

Operator

Good day, ladies and gentlemen. And welcome to Schnitzer Steel Second Quarter 2019 Earnings Release Call and Webcast. At this time, all participants are in a listen-only mode. Later we will conduct the question-and-answer session and instructions will follow at that time [Operator Instructions]. As a reminder, this conference is being recorded.

I would like to introduce your host for today's conference Michael Bennett, Investor Relations. You may begin.

Michael Bennett

Thank you, Gigi. Good morning. I am Michael Bennett, the company's Senior Director of Investor Relations. I'm happy to welcome you to Schnitzer Steel's earnings presentation for the second quarter of fiscal 2019. In addition to today's audio comments, we have issued our press release and posted a set of slides both of which you can access on our Web site at www.schnitzersteel.com or www.schn.com.

Before we start, let me call your attention to the detailed Safe Harbor statement on Slide 2, which is also included in our press release and in the company's Form 10-Q, which will be filed later today. As we note in Slide 2, we may make forward-looking statements on our call today, such as our statements about our outlook, targets for growth and future margin expansion. Our actual results may differ materially from those projected in our forward-looking statements. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in Slide 2, as well as our press release of today and

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