Schnitzer Steel Reports Preliminary Q2 Profit - Quick Facts

(RTTNews) - Schnitzer Steel Industries, Inc. (SCHN) announced it expects second-quarter earnings per share from continuing operations to be in the range of $0.37 - $0.40 and adjusted earnings per share to be in the range of $0.34 - $0.37. In the prior year second quarter, the company reported a loss from continuing operations of $1.48 and an adjusted loss per share of $0.25.

Analysts polled by Thomson Reuters expect the company to report profit per share of $0.33, for the quarter. Analysts' estimates typically exclude special items.

The company will report its second-quarter financial results on April 6, 2017.