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Commercial Metals (CMC) Q1 Earnings Meet Estimates
ZACKS· 2025-01-06 14:10
Commercial Metals (CMC) came out with quarterly earnings of $0.78 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.63 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this manufacturer and recycler of steel and metal products would post earnings of $0.91 per share when it actually produced earnings of $0.90, delivering a surprise of -1.10%.Over the last four quarters, the company has surpassed consensus EPS esti ...
CMC(CMC) - 2025 Q1 - Quarterly Results
2025-01-06 12:44
Exhibit No. 99.1 News Release CMC REPORTS FIRST QUARTER FISCAL 2025 RESULTS Irving, TX - January 6, 2025 - Commercial Metals Company (NYSE: CMC) today announced financial results for its fiscal first quarter ended November 30, 2024. First quarter net loss was ($175.7) million, or ($1.54) per diluted share, on net sales of $1.9 billion, compared to prior year period net earnings of $176.3 million, or $1.49 per diluted share, on net sales of $2.0 billion. During the first quarter of fiscal 2025, the Company r ...
CMC REPORTS FIRST QUARTER FISCAL 2025 RESULTS
Prnewswire· 2025-01-06 11:45
First quarter net loss of ($175.7) million, or ($1.54) per diluted share including approximately $265.0 million litigation expense, net of estimated tax; adjusted earnings of $88.5 million, or $0.78 per diluted share Consolidated core EBITDA of $210.7 million in the first quarter; core EBITDA margin of 11.0% Late season construction activity drove year-over-year and sequential growth in North America finished steel shipment volumes; margins pressured by declines in average steel and downstream product pric ...
How To Earn $500 A Month From Commercial Metals Stock Ahead Of Q1 Earnings
Benzinga· 2024-12-26 13:29
Commercial Metals Company CMC will release earnings results for the first quarter before the opening bell on Monday, Jan. 6, 2025.Analysts expect the Irving, Texas-based company to report quarterly earnings at 82 cents per share, down from $1.63 per share in the year-ago period. Commercial Metals is expected to report quarterly revenue of $1.88 billion, compared to $2 billion a year ago, according to data from Benzinga Pro.On Dec. 12, UBS analyst Curt Woodworth downgraded Commercial Metals from Buy to Sell ...
Cielo Provides Update on Rocky Mountain Clean Fuels Transaction
Globenewswire· 2024-12-18 12:00
Rocky Mountain Clean Fuels Secures $20 Million Provincial Grant to be Assigned to CieloCALGARY, Alberta, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTC PINK:CWSFF) (“Cielo” or the “Company”), a company fueling renewable change, is pleased to provide an update on its proposed acquisition of an Enhanced Gas to Liquids (“EGTL™”) facility located in Carseland, Alberta (the “EGTL Facility”), currently owned and operated by Rocky Mountain Clean Fuels Inc. (“RMCFI”), which deploys pat ...
CMC Publishes 2024 Sustainability Report
Prnewswire· 2024-12-12 21:15
IRVING, Texas, Dec. 12, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today published its sustainability report for 2024, showcasing the company's industry-leading environmental performance. 2024 marks the tenth year of sustainability reporting for the Company. The document, which can be found on CMC's sustainability website (https://esg.cmc.com/), includes progress updates regarding the environmental goals that were established in the Company's 2019 / 2020 report."The 2024 report highlights ...
CMC Recognized as One of America's Most Responsible Companies by Newsweek for 2025
Prnewswire· 2024-12-05 21:15
IRVING, Texas, Dec. 5, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced that it has been recognized on Newsweek's list of America's Most Responsible Companies 2025. This prestigious award is presented by Newsweek in collaboration with Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list can be viewed on Newsweek's website."We are honored to have received this award for the third consecutive year and be counted among America's most respon ...
CMC Announces New Mineral Resource Estimate for the Silver Hart Project
GlobeNewswire News Room· 2024-11-27 13:06
VANCOUVER, British Columbia, Nov. 27, 2024 (GLOBE NEWSWIRE) -- CMC Metals Ltd. (TSX-V: CMB) (Frankfurt: ZM5P) (“CMC” or the “Company”) is pleased to announce a new Mineral Resource Estimate (“MRE”) for its silver-lead-zinc Silver Hart Project (SHP), in Yukon, Canada. The new MRE totals an Inferred resource of 8.820 Moz @ 145.2 g/t silver equivalent (“AgEq”) in 1,889,000 tonnes utilizing a cut-off grade of 50 g/t AgEq (See table 1). This MRE has been prepared in accordance with the Canadian Securities Admini ...
CMC Metals Releases Additional High Grade CRD-Style Silver-Lead-Zinc Samples, A proposed Drill Plan and Expands its Amy Property, North- Central British Columbia
GlobeNewswire News Room· 2024-11-21 12:05
VANCOUVER, British Columbia, Nov. 21, 2024 (GLOBE NEWSWIRE) -- CMC Metals Ltd. (TSX-V: CMB) (Frankfurt:ZM5P)(“CMC” or the “Company”) is pleased to announce that it has identified additional high grade CRD-style silver-lead-zinc samples from trenches and a historic adit dump on its Amy Property in north-central British Columbia. Samples were collected from the 4200 level adit dump and surrounding area with grades up to 643 g/t silver, 18.76% lead, 8.3% zinc, and 9.7% manganese (see Figure 1). Overall in thre ...
CMC Metals Ltd. Options the Silverknife Property to Coeur Mining, Inc.
GlobeNewswire News Room· 2024-11-20 08:00
VANCOUVER, British Columbia, Nov. 20, 2024 (GLOBE NEWSWIRE) -- CMC Metals Ltd. (TSX-V: CMB) (Frankfurt:ZM5P) ("CMC" or the "Company") is pleased to report that it has entered into an option agreement ("Agreement") with Coeur Silvertip Holdings, Ltd. ("Coeur"), a subsidiary of Coeur Mining, Inc. (NYSE: CDE) on its Silverknife Property ("Property") in north-central British Columbia. The Agreement paves the way forward for Coeur to undertake a significant, multi-year exploration program on the Property. The Ag ...