Earnings Summary

Schnitzer Steel Industries, Inc.’s revenue fell -19.85% since last year same period to $809.61Mn in the Q2 2023. On a quarterly growth basis, Schnitzer Steel Industries, Inc. has generated 7.1% jump in its revenue since last 3-months.

Schnitzer Steel Industries, Inc.’s net profit fell -62.1% since last year same period to $28.28Mn in the Q2 2023. On a quarterly growth basis, Schnitzer Steel Industries, Inc. has generated 549.74% jump in its net profits since last 3-months.

Schnitzer Steel Industries, Inc.’s net profit margin fell -52.72% since last year same period to 3.49% in the Q2 2023. On a quarterly growth basis, Schnitzer Steel Industries, Inc. has generated 506.67% jump in its net profit margins since last 3-months.

Schnitzer Steel Industries, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.48 - a 382.35% jump from last quarter’s estimates.

Schnitzer Steel Industries, Inc.’s earning per share (EPS) estimates for the current year stand at 0.48.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Schnitzer Steel Industries, Inc.’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Schnitzer Steel Industries, Inc.’s return on equity (ROE) stands at 0.01.

Schnitzer Steel Industries, Inc. declared 0.19 dividend per share during the earnings announcement for Q1 2023.