CMC Misses EPS
Commercial Metals reports Q3 adjusted EPS of $1.73, missing the estimate of $1.77, while sales of $2.483B beat the estimate of $2.411B
Commercial Metals (NYSE: CMC ) reported quarterly earnings of $1.73 per share which missed the analyst consensus estimate of $1.77 by 2.26 percent.
This is a 133.78 percent increase over earnings of $0.74 per share from the same period last year.
The company reported quarterly sales of $2.483 billion which beat the analyst consensus estimate of $2.411 billion by 3.00 percent.
This is a 22.98 percent increase over sales of $2.019 billion the same period last year.