Two analysts polled by Capital IQ expected $1.74.
Revenue for the quarter ended Nov. 30 for the steel company was $798.1 million, compared with $492.1 million a year earlier.
Two analysts polled by Capital IQ expected $857.1 million.
Shares of Schnitzer Steel Industries were down nearlly 6% in recent Thursday premarket trading.
Price: 51, Change: -2.53, Percent Change: -4.73
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