Oregon

Schnitzer Steel: Fiscal Q1 Earnings Snapshot

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PORTLAND, Ore. (AP) _ Schnitzer Metal Industries Inc. (SCHN) on Thursday reported a lack of $17.8 million in its fiscal first quarter.

On a per-share foundation, the Portland, Oregon-based firm stated it had a lack of 64 cents. Losses, adjusted for one-time beneficial properties and prices, have been 44 cents per share.

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The recycler of ferrous and nonferrous scrap steel posted income of $598.7 million within the interval.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing knowledge from Zacks Funding Analysis. Entry a Zacks inventory report on SCHN at https://www.zacks.com/ap/SCHN

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