Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) Yearly Sales Target At $411.83


The EPS projection of Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) for quarter ended 2016-08-31 is $0.33. A week before, the EPS forecast was $0.33 against target of $0.33, a month earlier. This estimate stood at $0.33 60 days earlier versus forecast of $0.33 90 days earlier, confirming a deviation of 0%.

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) reported that 18 days ago, the positive EPS revisions were 2 and negative revisions at 0.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 2, 1, 0 and 2, respectively.

The downgrade of EPS estimates for Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) in the preceding 120, 60, 30 and 90 days were 0, 0, 0 and 0, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 2, the EPS estimate of Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) was $0.33. This projection was computed after accounting 2 calls. As reported on 2016-04-06 the EPS was $-0.25. The change was $0.01, demonstrating a percentage deviation of 3.85%. The projections confirmed a standard deviation of 0.01.

Quarterly Sales Estimates

For the fiscal 2016, the yearly sales target for Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) stands at $411.83 and the median estimate at $411.83. Almost 2 analysts announced their estimates.

The highest estimate is $437 while the lowest target is $386.66 showing standard deviation of 35.595%.

As many as 2 analysts released sales estimates reised in upside while 2 reduced sales estimates, demonstrating a deviation of 0%.

In last month, 2 revised sales number projection on upside while 2 lowered the sales target, demonstrating a deviation of -0.037%.

A quarter ago, 2 hiked sales estimations and 2 reduced sales forecast. Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) stated that the change in forecast was 8.949%.

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