The Zacks Consensus Estimate for the company's earnings per share is pegged at 17 cents for the second quarter, suggesting a decline of 15% from the year-ago reported figure. The Zacks Consensus Estimate for total revenues is pinned at $3.32 billion, indicating a year-over-year decrease of 10.1%. Ternium S.A. (TX) is expected to release second-quarter 2024 results soon. The Zacks Consensus Estimate for the company's earnings per share is pegged at $1.54 for the fiscal second quarter, suggesting a decline of ...

Commercial Metals Company (NYSE:CMC) Q3 2024 Earnings Call Transcript June 20, 2024 11:00 AM ET Company Participants Peter Matt - President and CEO Paul Lawrence - SVP and CFO Conference Call Participants Sathish Kasinathan - Bank of America Tristan Gresser - BNP Paribas Curt Woodworth - UBS Katja Jancic - BMO Capital Markets Timna Tanners - Wolfe Research Alex Hacking - Citi Operator Hello, and welcome everyone, to the Third Quarter Fiscal 2024 Earnings Call for CMC. Joining me on today's call are Peter Ma ...

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 ...

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on June 20. On the other hand, if they miss, the stock may move lower. Estimate Revisions Trend On the other hand, the stock currently carries a Zacks Rank of #3. Does Earnings Surprise History Hold Any Clue? Over the last four quarters, the company has beaten consensus EPS estimates three times. Commercial Metals doesn't appear a compelling earnings-beat candidate. However, in ...

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 ...