Scopes 1&2 Greenhouse Gas Emissions (GHG) Intensity 2.2 1.8 1.0 0.42 Integrated Average Global Average U.S. Average CMC tCO2e per MT of steel 17 Balance Sheet Strength Debt maturity profile provides strategic flexibility Debt Maturity Profile Q3 FY'24 Liquidity (US$ in millions) (US$ in millions) $599 $698 Revolver Cash and Cash Equivalents $45 $150 Poland Credit Facilities Poland Accounts Receivable Facility $300 $300 $300 $145 $600 2024 2025 2026 2027 2028 2029 2030 2031 2032 2047 Revolving Credit Facilit ...

Commercial Metals (CMC) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $2.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2%. A quarter ago, it was expected that this manufacturer and recycler of steel and metal products would post earnings of $0.70 per share when it actually produced earnings of $0.88, delivering a surprise of 25.71%. ...

macroeconomic environment, evidenced by meaningfully lower inflation, faster GDP growth, improved residential construction activity, and increased government sponsored investment. Adjusted EBITDA and adjusted EBITDA margin in our Emerging Businesses Group returned to expected levels during the quarter, benefiting from seasonal improvement in construction activity and strong demand for our proprietary geogrid and performance reinforcing steel solutions." Irving, TX - June 20, 2024 - Commercial Metals Company ...

Third quarter net earnings of $119.4 million, or $1.02 per diluted share Consolidated core EBITDA of $256.1 million; core EBITDA margin of 12.3% Solid seasonal demand and underlying market fundamentals in North America supported healthy shipment volumes and product margins Stable North American downstream backlog volumes due to robust pipeline of new construction projects Emerging Businesses Group adjusted EBITDA and adjusted EBITDA margin rebounded sharply, reflecting continued strong demand for our high m ...

IRVING, Texas, June 19, 2024 /PRNewswire/ -- Today, June 19, 2024, the board of directors of Commercial Metals Company ("CMC" or the "Company") (NYSE: CMC) declared a regular quarterly cash dividend of $0.18 per share of CMC common stock. CMC's 239th consecutive quarterly dividend will be paid on July 10, 2024, to stockholders of record as of the close of business on July 1, 2024. About CMC CMC is an innovative solutions provider helping build a stronger, safer and more sustainable world. Through an extensi ...

Q2 Performance Our model expects the North America Steel Group segment to generate $1.6 billion in revenues in the fiscal third quarter, indicating a year-over-year dip of 12.1%. The estimate for the segment's adjusted EBITDA is pegged at $224 million. The estimate for Europe Steel Group segment's revenues is pegged at $239 million, indicating a 27.8% yearover-year decline . Our model expects the segment's adjusted EBITDA to be a negative $0.1 million. You can uncover the best stocks before they are reporte ...

Core Viewpoint - Commercial Metals is expected to report a year-over-year decline in earnings due to lower revenues, with the upcoming earnings report anticipated to be released on June 20 [6][19]. Earnings Expectations - Revenues for the quarter are projected to be $2.01 billion, reflecting a 14.5% decrease from the same quarter last year [7]. - The consensus EPS estimate for the quarter remains unchanged over the last 30 days, indicating stability in analyst expectations [8]. - The company is expected to post quarterly earnings of $1 per share, which represents a year-over-year change of -50.5% [19]. Earnings Surprise History - Over the last four quarters, Commercial Metals has beaten consensus EPS estimates three times, suggesting a potential for positive surprises [4]. - The Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, indicating no recent analyst revisions that differ from the consensus [14]. Analyst Insights - The stock currently holds a Zacks Rank of 3, which suggests a neutral outlook [2]. - Analysts emphasize that while past performance can provide insights, it does not guarantee future results, making it challenging to predict whether the company will beat the consensus EPS estimate [9][23]. Market Reactions - An earnings beat or miss may not solely dictate stock movement, as other factors can influence investor sentiment and stock performance [16]. - The management's discussion during the earnings call will be crucial in determining the sustainability of any immediate price changes and future earnings expectations [18].

Commercial Metals (CMC) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The power ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuat ...

IRVING, Texas, May 30, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), has earned recognition on USA TODAY's list of America's Best Climate Leaders 2024. This prestigious award is presented by USA TODAY and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on May 30th, 2024, and can be viewed on usatoday.com. The America's Best Climate Leaders 2024 award is presented to U.S. based companies with an exemplary environmental record and p ...