Schnitzer Steel sees Q4 adjusted EPS below Wall Street consensus

Oct. 04, 2022 7:27 PM ETSchnitzer Steel Industries, Inc. (SCHN)By: Carl Surran, SA News Editor6 Comments

Scrap metal pieces laying in a pile

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Schnitzer Steel (NASDAQ:SCHN) issued preliminary FQ4 results Tuesday, including adjusted earnings of $0.42-$0.47/share, excluding $0.11/share of expected charges related primarily to legacy environmental matters, well below $0.90 analyst consensus estimate.

The company also expects Q4

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