Commercial Metals Co reports results for the quarter ended May 31 - Earnings Summary

Commercial Metals

23/06/2025 14:31

Commercial Metals Co CMC.N reported quarterly adjusted earnings of 74 cents​​ per share for the quarter ended May 31, lower than the same quarter last year, when the company reported EPS of $1.02.  The mean expectation of eleven analysts for the quarter was for earnings of 85 cents per share. Wall Street expected results to range from 67 cents to 98 cents per share.

Revenue fell 2.8% to $2.02 billion from a year ago; analysts expected $2.05 billion.

Commercial Metals Co's reported EPS for the quarter was 73 cents​.

The company reported quarterly net income of $83.13 million.

Commercial Metals Co shares had risen by 5.8% this quarter and lost 1.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 4.8% in the last three months.​

In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the iron & steel peer group is also "buy"

Wall Street's median 12-month price target for Commercial Metals Co is $52.50, about 7.3% above its last closing price of $48.68

This summary was machine generated from LSEG data June 23 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
May. 31 2025
0.85
0.74
Missed
Feb. 28 2025
0.29
0.26
Missed
Nov. 30 2024
0.80
0.78
Missed
Aug. 31 2024
0.89
0.90
Beat