Commercial Metals Co reports results for the quarter ended November 30 - Earnings Summary

Commercial Metals

06/01/2025 14:32

* Commercial Metals Co  CMC.N  reported quarterly adjusted
earnings of 78 cents​​ per share for the quarter ended November
30, lower than the same quarter last year, when the company
reported EPS of $1.63.  The mean expectation of ten analysts for
the quarter was for earnings of 81 cents per share. Wall Street
expected results to range from 73 cents to 89 cents per share.
    * Revenue fell 4.7% to $1.91 billion from a year ago;
analysts
expected $1.88 billion. 
    * Commercial Metals Co's reported EPS for the quarter was a
loss
of $1.54​.
    * The company reported a quarterly loss of $175.72 million.
    * Commercial Metals Co shares had fallen by 1.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 18.9%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the iron & steel
peer
group is also "hold"

Wall Street's median 12-month price target for Commercial Metals
Co is $61.00 
This summary was machine generated from LSEG data January 6 at
02:31 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
 Nov. 30 2024      0.81           0.78           Missed
 Aug. 31 2024      0.89           0.90           Beat
 May. 31 2024      1.01           1.02           Beat
 Feb. 29 2024      0.75           0.88           Beat