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%.O ...

News Release CMC REPORTS THIRD QUARTER FISCAL 2024 RESULTS • 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 ...

Third quarter net earnings of $119.4 million, or $1.02 per diluted shareConsolidated 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 marginsStable North American downstream backlog volumes due to robust pipeline of new construction projectsEmerging Businesses Group adjusted EBITDA and adjusted EBITDA margin rebounded sharply, reflecting continued strong demand for our high margi ...

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 CMCCMC is an innovative solutions provider helping build a stronger, safer and more sustainable world. Through an extensiv ...

文章核心观点 - 公司预计将于6月20日公布第三季度财报 [1] - 第三季度收入和利润预计同比下降 [2] - 但上一季度的收入和利润超出了市场预期 [3][4] 行业和公司表现分析 - 北美地区钢材需求保持强劲,下游订单量和在手订单均有所改善 [5] - 工业终端市场需求稳定 [5] - 但欧洲地区业务受到市场疲软的影响,波兰长材行业大幅减产导致公司利润受到挤压 [6][8] - 北美钢铁业务预计收入同比下降12.1%,调整后EBITDA为2.24亿美元 [7] - 欧洲钢铁业务预计收入同比下降27.8%,调整后EBITDA为负0.1亿美元 [8] - 新兴业务预计收入同比下降14.3%,调整后EBITDA为2.97亿美元 [9] 未来展望 - 公司目前的市场排名和盈利能力指标并未达到预期,未来业绩存在不确定性 [10][11] - 但公司股价在过去一年内上涨了6.8%,优于同行业 [12]

Commercial Metals (CMC) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended May 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.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. O ...

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 ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuat ...

IRVING, Texas, May 30, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), has earned recognition on USA TODAY's list of America's Best Climate Leaders 2024. This prestigious award is presented by USA TODAY and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on May 30th, 2024, and can be viewed on usatoday.com. The America's Best Climate Leaders 2024 award is presented to U.S. based companies with an exemplary environmental record and p ...

IRVING, Texas, May 20, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its third quarter earnings release for fiscal 2024, invites you to listen to its conference call that will be broadcast live over the Internet on Thursday, June 20, 2024, at 11:00 a.m. Eastern Time (10:00 a.m. Central) with Peter Matt, President and CEO, and Paul Lawrence, Senior Vice President & CFO.  The teleconference will also be available via webcast. To access the webcast (in listen-only mode), pleas ...