Commercial Metals (CMC) Reports In-Line Q3 EPS
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Financial Fact:
Earnings (loss) from discontinued operations before taxes: -1.15M
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Commercial Metals (NYSE: CMC) reported Q3 EPS of $0.41, in-line with the analyst estimate of $0.41. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.28 billion.
Outlook
"We are confident in our outlook of continued strong results for CMC," said Smith. "Leading indicators of macroeconomic and market conditions in both the United States and Poland suggest continuing economic growth and strong long steel product demand. In addition, we applaud the U.S. trade measures implemented by the President and believe they will assist in creating a fair and level playing field."
For earnings history and earnings-related data on Commercial Metals (CMC) click here.
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