NASDAQ$RDUS

Schnitzer Steel Industries Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

RDUS Q2 2024 — $9.0M revenue, 0.14 EPS

Company’s outlook, growth initiatives, or expected results or objectives, including pricing, margins, volumes, and profitability; completion of acquisitions a. Schnitzer Steel Industries Inc reported Q2 2024 results. Diluted EPS came in at $0.14. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $9.0M.
  • Diluted EPS: $0.14.
  • Filed on Form 10-Q (accession 0000950170-24-041698).

Headline financials

Total Revenue

$621M

Previous: $756M-17.8%
EPS (adj)

-$1.04

Previous: $0.14-842.9%
Net Income

-$34M

Previous: $4.35M-880.6%
Operating Income

-$22.1M

Previous: $8.54M-358.7%
Gross Profit

$40.1M

Previous: $73M-45.1%
Stock-Based Comp

$2.37M

Previous: $2.33M+1.6%

Revenue & EPS history

Schnitzer · Revenue · Quarterly

$621M

Q2 2024-17.8%vs Q2 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

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 Q2 2024

Historical avgQ2 2024

-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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