Commercial Metals Company rises after co to buy Foley Products for $1.84 billion

Commercial Metals

16/10/2025 12:37

** Shares of Commercial Metals Company CMC.N rise nearly 2.2% to about $61 in premarket trading

** Co to buy concrete supplier Foley Products Company for a cash purchase price of $1.84 billion

** Co posted Q4 adj. EPS of $1.37, beating estimates of $1.36 - data compiled by LSEG

** It reported Q4 revenue of $2.10 bln vs. estimates of $2.08 bln - data compiled by LSEG data

** As of last close, shares up about 20.3% YTD

 (Reporting by Parth Chandna)

 ((Parth.Chandna@thomsonreuters.com;))