Commercial Metals

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Commercial Metals (CMC) Misses Q3 Earnings Estimates
ZACKS· 2025-06-23 12:55
Earnings Performance - Commercial Metals (CMC) reported quarterly earnings of $0.74 per share, missing the Zacks Consensus Estimate of $0.85 per share, and down from $1.02 per share a year ago [1] - The earnings surprise was -12.94%, and the company has not surpassed consensus EPS estimates over the last four quarters [2] - The company posted revenues of $2.02 billion for the quarter, surpassing the Zacks Consensus Estimate by 0.49%, but down from $2.08 billion year-over-year [3] Stock Performance - Commercial Metals shares have declined approximately 1.9% since the beginning of the year, while the S&P 500 has gained 1.5% [4] - The current Zacks Rank for the stock is 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.12 on revenues of $2.09 billion, and for the current fiscal year, it is $3.02 on revenues of $7.76 billion [8] - The outlook for the Steel - Producers industry is positive, ranking in the top 34% of over 250 Zacks industries, suggesting potential for outperformance [9]
Is Commercial Metals (CMC) A ‘Buy’ Ahead of Fiscal Q3 Earnings Announcement?
Zacks Investment Research· 2025-06-20 14:44
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Commercial Metals (CMC) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2025-03-20 14:31
Group 1 - Commercial Metals (CMC) reported revenue of $1.75 billion for the quarter ended February 2025, a decrease of 5.1% year-over-year, with EPS at $0.26 compared to $0.88 in the same quarter last year [1] - The reported revenue fell short of the Zacks Consensus Estimate of $1.77 billion, resulting in a surprise of -1.04%, while the EPS also missed the consensus estimate of $0.31 by -16.13% [1] - Over the past month, shares of Commercial Metals have returned -9.3%, compared to a -7.5% change in the Zacks S&P 500 composite, with the stock currently holding a Zacks Rank 3 (Hold) [3] Group 2 - In North America, the average selling price per ton for raw materials was $956, exceeding the estimated $902.77, while the average selling price for downstream products was $1,221, below the estimated $1,302.90 [4] - The steel products metal margin per ton in North America was reported at $476, slightly below the estimated $481.74, while the cost of ferrous scrap utilized per ton was $338, compared to the estimate of $350.39 [4] - Net sales from external customers in North America were $1.39 billion, which is a year-over-year decline of 6.7%, while net sales from Europe were $198.03 million, reflecting a year-over-year increase of 2.9% [4]