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SCHN News and Press, Schnitzer Steel Industries Inc. From 06/19/19

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Company Name: Schnitzer Steel Industries Inc.
Stock Symbol: SCHN
Market: NASDAQ

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SCHN - U.S. Steel lifts peers on plan to idle plants

Steel companies are surging following U.S. Steel's ( X +6% ) decision to idle two blast furnaces in the U.S. and one in Europe to "better align production in response to current market conditions." More news on: United States Steel Corporation, AK Steel Holding Corporation, Nucor Corpo...

SCHN - Schnitzer announces preliminary Q319 results

Schnitzer Steel ( SCHN +1.7% ) expects Q3 Adj. EPS in the range of $0.58 - 0.62 vs a consensus of $0.58. Q3 operating cash flow in the range of $32M - $37M. Total debt was $142M (end of Q3) and debt, net of cash, was $134M. More news on: Schnitzer Steel Industries, Inc., Earnings n...

SCHN - Schnitzer Announces Third Quarter Fiscal 2019 Preliminary Results and Earnings Date

Third Quarter Earnings Conference Call 11:30 a.m. Eastern on June 26, 2019 Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) today announced preliminary results for its third quarter of fiscal 2019 ended May 31, 2019. Consolidated Results Schnitzer expects fiscal 2019 t...

SCHN - U.S. Steel cut to Sell at Goldman Sachs

U.S. Steel ( X +5.1% ) pops despite a Goldman Sachs downgrade to Sell from Neutral with an $11 price target, cut from $17, as analyst Matthew Korn expects the stock to weaken as the market continues to cope with materially lower steel prices. More news on: United States Steel Corporati...

SCHN - Steel names broadly lower as U.S. halves tariffs on imports from Turkey

The Trump administration says it is lowering special tariffs on steel imports from Turkey to 25% from 50%, citing a sharp decline in imported steel from Turkey and the improvement in the U.S. industry's capacity utilization to "approximately the target level" recommended by Commerce Secret...

SCHN - Schnitzer Steel Industries: Moderate Sell Initiated At $22.96 Amid Headwinds In Steel Industry

Authors: Elmore Wallace, Iliya Krutko and Stephen Crisp Investment Summary We issue a moderate SELL recommendation with a one-year target price of $22.96 representing 3.07 percent downside potential as of SCHN’s May 3 rd , 2019 closing price of $23.69. This recommendation rest...

SCHN - Schnitzer Steel Industries declares $0.1875 dividend

Schnitzer Steel Industries (NASDAQ: SCHN ) declares $0.1875/share quarterly dividend , in line with previous. More news on: Schnitzer Steel Industries, Inc., Dividend News Read more ...

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

Schnitzer Steel Industries, Inc. (SCHN) Q2 2019 Results Conference Call April 04, 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 Confere...

SCHN - Schnitzer Steel Industries, Inc. 2019 Q2 - Results - Earnings Call Slides

The following slide deck was published by Schnitzer Steel Industries, Inc. in conjunction with their 2019 Q2 earnings Read more ...

SCHN - Schnitzer Steel EPS tops estimates but ferrous revenues fall 16% Y/Y

Schnitzer Steel (NASDAQ: SCHN )  +0.5% pre-market after reporting better than expected Q2 earnings and operating cash flow of $35M. More news on: Schnitzer Steel Industries, Inc., Commodities news, Earnings news and commentary, Read more ...

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