NASDAQ$RDUS

Schnitzer Steel Industries Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Reported a net loss of $37 million and loss per share of $(1.30) for the first quarter of fiscal year 2025.

Radius Recycling reported a net loss of $37 million, with a loss per share of $(1.30) for the first quarter of fiscal 2025. The results were impacted by a detriment on income tax. Contribution from recycled metals improved due to productivity efficiencies and stronger nonferrous demand, offsetting weaker ferrous markets. Finished steel contribution decreased due to weaker domestic market conditions.

  • Net loss was $(37) million, and loss per share was $(1.30).
  • Adjusted EBITDA was break-even.
  • Recycled metals contribution improved due to productivity efficiencies and stronger nonferrous demand.
  • Finished steel contribution was lower due to weaker domestic steel market conditions and a scheduled maintenance outage.

Headline financials

Total Revenue

$657M

Previous: $673M-2.4%
EPS (adj)

-$1.33

Previous: -$0.64-107.8%
Mill Utilization

81.0%

No prior period
Capital Expenditures

-$12.1M

No prior period
Net Income

-$37M

Previous: -$18M-106.0%
Operating Income

-$1M

Previous: -$23.6M+95.8%
Gross Profit

$33.4M

Previous: $39.5M-15.4%
Stock-Based Comp

$2.45M

Previous: $1.38M+77.8%

Revenue & EPS history

Schnitzer · Revenue · Quarterly

$657M

Q1 2025-2.4%vs Q1 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

The company expects inventory rebuilding and seasonality to drive improved demand in the second half of the fiscal year. They anticipate positive long-term demand for recycled metals, supported by infrastructure investments, industrial reshoring, growth in U.S. electric arc furnace steelmaking capacity, and the transition to low-carbon technologies

Tailwinds

  • Inventory rebuilding will drive improved demand
  • Seasonality will drive improved demand
  • Increased investments in infrastructure will drive demand
  • Industrial reshoring will drive demand
  • Continued growth in U.S. electric arc furnace steelmaking capacity will drive demand

Headwinds

  • Market conditions during the quarter were more challenging than a year ago
  • Tight scrap environment
  • Softer global ferrous markets
  • Weaker domestic steel conditions
  • Scheduled maintenance outage

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 5 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-0.6%

Avg return

Earnings day

-4.5%

Avg return

5 days after

-1.2%

Avg return

30 days after

41%

26 / 64 earnings

Positive

+14.4%

Q2 2011

Best reaction

-22.6%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025
Q3 2025-0.2%-0.1%
Q2 2025-0.6%-2.0%+1.0%
Q1 2025-22.6%-25.7%-15.1%
Q4 2024-4.2%+2.9%+21.5%
Q3 2024+3.9%-0.8%+10.9%
Q2 2024-0.8%+1.8%-11.3%
Q1 2024-5.6%-7.4%-14.1%
Q4 2023-0.7%
Q3 2023-6.5%
Q2 2023-3.3%
Q1 2023+2.0%
Q4 2022-5.8%
Q3 2022-3.6%
Q2 2022+3.4%
Q1 2022-8.9%
Q4 2021+3.8%
Q3 2021+0.6%
Q2 2021-6.7%
Q1 2021-4.2%
Q4 2020-2.4%
Q3 2020-4.5%
Q2 2020-5.2%
Q1 2020-2.5%
Q4 2019-2.4%
Q3 2019+5.8%
Q2 2019+7.0%
Q1 2019-1.0%
Q4 2018+11.2%
Q3 2018-2.4%
Q2 2018-3.4%
Q1 2018-1.2%
Q4 2017-1.0%
Q3 2017+5.3%
Q2 2017+0.0%
Q1 2017-11.6%
Q4 2016+3.0%
Q3 2016+12.3%
Q2 2016-7.8%
Q1 2016-8.5%
Q4 2015+2.5%
Q3 2015+2.9%
Q2 2015-2.4%
Q1 2015-10.9%
Q4 2014+2.8%
Q3 2014+2.9%
Q2 2014+1.5%
Q1 2014-3.3%
Q4 2013-4.1%
Q3 2013-4.3%
Q2 2013+3.9%
Q1 2013-7.0%
Q4 2012+3.7%
Q2 2012+3.7%
Q3 2012+12.6%
Q1 2012+0.0%
Q4 2011+14.4%
Q4 2009+14.4%
Q2 2011+14.4%
Q3 2010+2.1%
Q3 2011+2.1%
Q2 2010-3.1%
Q4 2010-6.5%
Q1 2010-6.5%
Q1 2011-6.5%

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