Commercial Metals Co reports results for the quarter ended May 31 - Earnings Summary
Commercial Metals Co reports results for the quarter ended May 31 - Earnings Summary
Commercial Metals Co CMC.N reported quarterly adjusted earnings of $1.73 per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of 74 cents. The mean expectation of eleven analysts for the quarter was for earnings of $1.76 per share. Wall Street expected results to range from $1.57 to $1.90 per share.
Revenue rose 22.9% to $2.48 billion from a year ago; analysts expected $2.41 billion.
Commercial Metals Co's reported EPS for the quarter was $1.55.
The company reported quarterly net income of $173.02 million.
Commercial Metals Co shares had risen by 16.0% this quarter and gained 3.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 6.9% 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 8 "strong buy" or "buy," 6 "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 $83.55, about 14.7% above its last closing price of $71.28
This summary was machine generated from LSEG data June 25 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 2026 | 1.76 | 1.73 | Missed |
Feb. 28 2026 | 1.30 | 1.16 | Missed |
Nov. 30 2025 | 1.56 | 1.84 | Beat |
Aug. 31 2025 | 1.36 | 1.37 | Beat |
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