Brief: Cmc Reports First Quarter Fiscal 2024 Results

Commercial Metals

08/01/2024 13:18

Jan 8 (Reuters) - Commercial Metals Co  CMC.N :
    * CMC REPORTS FIRST QUARTER FISCAL 2024 RESULTS
    * COMMERCIAL METALS CO - QTRLY NET EARNINGS OF $176.3
MILLION, OR
$1.49 PER DILUTED SHARE
    * COMMERCIAL METALS CO: MARGINS ON STEEL PRODUCTS ARE LIKELY
TO
EXPERIENCE SOME FURTHER COMPRESSION DURING Q2
    * COMMERCIAL METALS CO: LOOKING BEYOND Q2, WE EXPECT ROBUST
SPRING
AND SUMMER CONSTRUCTION ACTIVITY DRIVEN BY INCREASED
INFRASTRUCTURE INVESTMENTS
    * COMMERCIAL METALS CO: CONDITIONS IN EUROPE ARE EXPECTED TO
REMAIN CHALLENGING
    * COMMERCIAL METALS CO: ADJUSTED EBITDA EXCLUDING ENERGY
REBATES
SHOULD IMPROVE FROM LEVELS OF PAST TWO QUARTERS

Source text for Eikon:  ID:nPn7xbdvTa 
Further company coverage:  CMC.N 

 ((Reuters.Briefs@thomsonreuters.com;))