Commercial Metals Company (CMC) reported adjusted earnings per share (EPS) of $1.02 in third-quarter fiscal 2024 (ended May 31, 2024), beating the Zacks Consensus Estimate of $1.00. However, the bottom line fell 48.5% year over year.Net sales in the reported quarter came in at $2.08 billion compared with the year-ago quarter’s $2.34 billion. The reported figure surpassed the Zacks Consensus Estimate of $2 billion.The cost of goods sold in the quarter fell 6.7% year over year to $1.74 billion. The gross prof ...