CMC(US:CMC) ZACKS·2026-03-26 14:31Core Insights - Commercial Metals (CMC) reported a revenue of $2.13 billion for the quarter ended February 2026, marking a year-over-year increase of 21.5% and exceeding the Zacks Consensus Estimate of $1.98 billion by 7.58% [1] - The company's EPS for the same period was $1.16, a significant increase from $0.26 a year ago, although it fell short of the consensus estimate of $1.28 by 9.14% [1] Financial Performance - The stock of Commercial Metals has returned -16.3% over the past month, underperforming the Zacks S&P 500 composite, which saw a decline of -5% [3] - The current Zacks Rank for the stock is 3 (Hold), suggesting it may perform in line with the broader market in the near term [3] Key Metrics - In North America, the average selling price per ton for raw materials was $985.00, surpassing the estimated $939.87 [4] - The average selling price per ton for downstream products in North America was $1,242.00, slightly below the estimated $1,243.79 [4] - The average selling price per ton for steel products in North America was $974.00, exceeding the estimated $926.49 [4] - The cost of ferrous scrap utilized per ton in North America was reported at $351.00, higher than the estimated $330.65 [4] - In Europe, the steel products metal margin per ton was $316.00, above the estimated $290.50 [4] - Net sales from external customers in North America reached $1.61 billion, representing a 16% year-over-year increase, compared to the $1.5 billion estimate [4] - Net sales from external customers in Europe were $200.01 million, slightly below the estimated $234.14 million, but reflecting a 1% year-over-year increase [4] - Corporate and Other net sales from external customers were $9.26 million, below the estimated $10.78 million, indicating a year-over-year decline of 13% [4]