Schnitzer Reports Second Quarter Fiscal 2021 Financial Results
PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today reported results for its second quarter of fiscal 2021 ended February 28, 2021.
Second Quarter Fiscal 2021 Highlights
Diluted earnings per share from continuing operations of $1.54, more than triple earnings per share of $0.50 in the first quarter of fiscal 2021, and compared to $0.14 in the second quarter of fiscal 2020
Adjusted diluted earnings per share from continuing operations of $1.51, compared to adjusted diluted earnings per share of $0.57 in the first quarter of fiscal 2021 and $0.31 in the second quarter of fiscal 2020
Net income of $46 million, more than triple the net income
