Commercial Metals (CMC) Beats Q3 Earnings and Revenue Estimates
CMCCMC(CMC) ZACKS·2024-06-20 20:55

Commercial Metals (CMC) came out with quarterly earnings of 1.02pershare,beatingtheZacksConsensusEstimateof1.02 per share, beating the Zacks Consensus Estimate of 1 per share. This compares to earnings of 2.02pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof22.02 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%. ...