What's in Store for Commercial Metals (CMC) in Q3 Earnings?

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 ...