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Schnitzer Steel Industries (RDUS)
NASDAQ:RDUS
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Earnings Data
Report Date
Apr 03, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.68Last Year’s EPS
-1.04Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 09, 2019
|% Change Since: -13.74%
|Next Earnings Date:Oct 24, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with strong safety performance, improvements in recycled metals business, and sustainability achievements being notable highlights. However, these were countered by financial challenges such as tax detriments, declines in finished steel contribution, and pressures from the U.S. manufacturing sector and Chinese steel exports. The company is hopeful about future improvements due to strategic initiatives and anticipated market recovery.Company Guidance
During the Radius Recycling Q1 2025 earnings call, the company provided guidance on several key metrics and strategic initiatives. The adjusted EPS loss was reported at $1.33, primarily due to an income tax detriment linked to deferred tax assets. Despite challenging market conditions, the recycled metals business showed improvement, driven by cost reduction measures and stronger nonferrous demand. Steel mill utilization was at 81%, higher than the U.S. average of 75%, despite a decline in finished steel contribution due to weaker domestic conditions. The company achieved nearly breakeven operating cash flow and continued its streak of 123 consecutive quarterly dividends. Capital expenditures for fiscal 2025 are projected to be around $60 million, with net debt standing at $430 million. Strategic priorities include investments in metal recovery technologies expected to yield over $40 million in annual EBITDA, expansion of 3PR services, and cost reduction efforts that reduced adjusted SG&A expenses by 6% year-over-year. Additionally, the company anticipates a significant ramp-up in returns from these technology investments by Q3 of fiscal 2025.Strong Safety Performance
Achieved a 50% sequential reduction in total case incident rate, with 97% of sites experiencing 0 lost time injuries.
Recycled Metals Business Improvement
Contribution from recycled metals improved, driven by cost reduction, productivity measures, and strong nonferrous demand.
Advanced Metal Recovery Technologies
Investments in advanced metal recovery technologies expected to generate over $40 million in annual EBITDA after full deployment.
Sustainability Achievements
Reduced Scope 1 and 2 emissions by 30% versus 2019 baseline and maintained 100% net carbon-free electricity usage.
Cost Reduction and Productivity Program
Achieved a 6% reduction in adjusted SG&A costs compared to the prior year.
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RDUS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RDUS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 07, 2025 | $14.77 | $11.41 | -22.75% |
| Oct 24, 2024 | $16.48 | $16.19 | -1.76% |
| Jul 02, 2024 | $14.98 | $14.37 | -4.07% |
| Apr 04, 2024 | $19.54 | $19.02 | -2.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Schnitzer Steel Industries (RDUS) report earnings?
Schnitzer Steel Industries (RDUS) is schdueled to report earning on Apr 03, 2025, TBA Not Confirmed.
What is Schnitzer Steel Industries (RDUS) earnings time?
Schnitzer Steel Industries (RDUS) earnings time is at Apr 03, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RDUS EPS forecast?
RDUS EPS forecast for the fiscal quarter 2025 (Q2) is -0.68.
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