Commercial Metals

Commercial Metals Co. engages in the manufacture, recycling, and marketing of steel and metal products. It operates through the following segments: North America and Europe. The North America segment is a vertically integrated network of recycling facilities, steel mills and fabrication operations. The Europe segment is a vertically integrated network of recycling facilities, an EAF mini mill and fabrication operations located in Poland. The company was founded by Moses Feldman in 1915 and is headquartered in Irving, TX.

Earnings data Q2 2021

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Earnings data Q1 2025

Commercial Metals (CMC) reports robust Q1 earnings and strategic growth outlook

Commercial Metals (CMC) delivered impressive financial results in Q1 2023, driven by strong core EBITDA and net earnings. The company's focus on sustainability, strategic investments, and market insights position it well for future growth despite production challenges and economic headwinds.

Commercial Metals (CMC) reports robust Q2 earnings amidst global market dynamics

Commercial Metals (CMC) delivered strong financial results in Q2 2023, driven by solid performance in North America and operational progress in key projects. While facing challenges in European markets, the company remains optimistic about sequential EBITDA improvement and overall financial strength. Strategic opportunities in the U.S. and Europe, coupled with positive market indicators, position CMC for continued growth.

Commercial Metals (CMC) posts stellar Q3 earnings amidst regional challenges

Commercial Metals (CMC) delivered strong financial results in Q3 2023, with a focus on growth, acquisitions, and capital allocation. While North America remains a stronghold, challenges in Europe and Turkey require attention. The company's strategic investments and focus on operational efficiency position it well for future growth.

Commercial Metals (CMC) reports robust Q4 performance and strategic growth

Commercial Metals (CMC) delivered strong financial results in Q4 2023, with a focus on growth and operational excellence.
Despite challenges in the European market and metal spread compression, CMC's strategic projects and capital allocation strategy are driving positive outcomes.
The company's emphasis on safety, cash flow generation, and future opportunities positions CMC for continued success.
CMC's outlook for Q1 2024 remains positive, with a cautious approach due to market conditions and potential challenges.

Commercial Metals (CMC) reports robust Q1 earnings and strategic growth plans

Commercial Metals (CMC) delivered a strong financial performance in Q1 2024, driven by robust results in key segments and strategic initiatives. Despite challenges in Europe, the company remains focused on optimizing operations, driving growth, and capitalizing on opportunities for expansion. With a solid balance sheet and strategic outlook, CMC is well-positioned for future success and value creation.

Commercial Metals reports robust Q2 earnings amidst construction demand optimism

CMC's Q2 2024 earnings call highlighted strong financial performance, strategic focus on value creation, and positive market outlook for construction demand.
Despite challenges like weather disruptions and infrastructure spending delays, the company remains well-positioned for growth, M&A opportunities, and shareholder returns.
With key projects progressing well and opportunities in expanding revenues, CMC is poised to capitalize on market opportunities and enhance operational efficiency.

Commercial Metals Reports Strong Q3, Optimistic Future Outlook

Commercial Metals Company showcased a strong Q3 2024 performance with positive trends in construction and infrastructure expected to drive future growth. The company is strategically positioned with ongoing projects like the Arizona micro mill and Steel West Virginia site, enhancing its operational excellence and shareholder value.

Commercial Metals (CMC) reports robust fiscal 2024 performance and strategic growth plans

Commercial Metals (CMC) delivered strong financial performance in fiscal 2024, focusing on safety, profitability, and shareholder value.
While facing challenges in market conditions and the construction industry, CMC remains strategically positioned for growth and operational efficiency.
The company's disciplined approach to capital allocation and growth strategies underscores a commitment to long-term success and value creation.

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Commercial Metals Co. engages in the manufacture, recycling, and marketing of steel and metal products. It operates through the North America and Europe segments. The North America segment focuses on the network of recycling facilities, steel mills, and fabrication operations. The Europe segment includes a network of recycling facilities, an EAF mini mill, and fabrication operations located in Poland. The company was founded by Moses Feldman in 1915 and is headquartered in Irving, TX.

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Commercial Metals (CMC) is a Top-Ranked Momentum Stock: Should You Buy?

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Commercial Metals (CMC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Commercial Metals (CMC) Upgraded to Strong Buy: What Does It Mean for the Stock?

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Commercial Metals (CMC) delivers stellar Q3 earnings and sales performance, owing to strong end-market demand and exceptional operational execution.

Commercial Metals (CMC) Q3 Earnings Surpass Estimates, Up Y/Y

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Commercial Metals Company (NYSE:CMC ) Q3 2022 Earnings Conference Call June 16, 2022 11:00 AM ET Company Participants Barbara Smith - Chairman of the Board, President and CEO Paul Lawrence - SVP and CFO Conference Call Participants Emily Chieng - Goldman Sachs David Gagliano - BMO Capital Markets Seth Rosenfeld - BNP Paribas Exane Phil Gibbs - KeyBanc Capital Markets Operator Hello, and welcome everyone to the Third Quarter Fiscal 2022 Earnings Call for Commercial Metals Company. Today's materials, including the press release and supplemental slides that accompany this call can be found on CMC's Investor Relations website.

Commercial Metals Company (CMC) CEO Barbara Smith on Q3 2022 Results - Earnings Call Transcript

The mean of analysts' price targets for Commercial Metals (CMC) points to a 26.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

How Much Upside is Left in Commercial Metals (CMC)? Wall Street Analysts Think 27%

Commercial Metals Company (NYSE: CMC) was not immune to the correction that swept the market this year. A mounting fear of slowing business, tightening margins, and earnings weakness drove shares to a 25% decline but that move is over.

Commercial Metals Company Is Ready To Rebound

Commercial Metals (CMC) delivered earnings and revenue surprises of 24.88% and 6.80%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?

Commercial Metals (CMC) Q3 Earnings and Revenues Top Estimates

Net earnings of $312.4 million, or $2.54 per diluted share, increased by 140% compared with $130.4 million, or $1.07 per diluted share, in the prior year period Core EBITDA of $483.9 million increased 110% year-on-year; a total of $1.4 billion of Core EBITDA achieved over the trailing 12 months Margins over scrap in North America and Europe reflect strong market conditions and favorable customer sentiment Continued strength in North America downstream pipeline, with record bid activity and backlog levels on both a volume and price basis Completed the acquisition of Tensar Corporation, creating a new, attractive strategic growth platform IRVING, Texas , June 16, 2022 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its fiscal third quarter ended May 31, 2022.  Net earnings were $312.4 million, or $2.54 per diluted share, on net sales of $2.5 billion, compared to prior year period net earnings of $130.4 million, or $1.07 per diluted share, on net sales of $1.8 billion.

Commercial Metals Company Reports Third Quarter Fiscal 2022 Results

IRVING, Texas , June 15, 2022 /PRNewswire/ -- Today, June 15, 2022, the board of directors of Commercial Metals Company (NYSE: CMC) ("CMC") declared a regular quarterly cash dividend of $0.14 per share of CMC common stock. CMC's 231st consecutive quarterly dividend will be paid on July 13, 2022, to stockholders of record as of the close of business on June 29, 2022.

Commercial Metals Company Announces Quarterly Dividend of $0.14 Per Share

Robust construction, infrastructure activities and positive growth projections make Commercial Metals (CMC) a solid investment option.

Here's Why Commercial Metals (CMC) is an Attractive Bet Now

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Commercial Metals' (CMC) Q3 performance will likely to reflect strong finished steel sales volumes, driven by solid construction demand in North America and Europe.

News for Commercial Metals Stock (CMC)