Radius Recycling Q3 2024 Adj EPS $(0.59) Beats $(0.66) Estimate, Sales $673.920M Miss $693.900M Estimate
Portfolio Pulse from Benzinga Newsdesk
Schnitzer Steel (NASDAQ:RDUS) reported Q3 2024 adjusted EPS of $(0.59), beating the estimate of $(0.66). However, sales of $673.920 million missed the $693.900 million estimate, marking a 16.76% decrease from the same period last year.
July 02, 2024 | 12:03 pm
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Schnitzer Steel's Q3 2024 adjusted EPS of $(0.59) beat estimates, but sales of $673.920 million missed expectations and were down 16.76% YoY.
While Schnitzer Steel's EPS beat expectations, the miss on sales and significant YoY decline in revenue could create mixed sentiment among investors. The stock may experience volatility as the market digests these results.
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