Commercial Metals (CMC) Tops Q2 EPS Views

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Go back to Commercial Metals (CMC) Tops Q2 EPS Views

Commercial Metals Company Reports Second Quarter Earnings Per Share Of $0.46, Earnings Per Share From Continuing Operations Of $0.52, And Announces Quarterly Dividend Of $0.12 Per Share

March 26, 2015 7:00 AM EDT

IRVING, Texas, March 26, 2015 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its second quarter ended February 28, 2015. Net earnings attributable to CMC for the three months ended February 28, 2015 were $54.5 million ($0.46 per diluted share) on net sales of $1.4 billion. This compares to net earnings attributable to CMC of $11.1 million ($0.09 per diluted share) on net sales of $1.6 billion for the second quarter ended February 28, 2014.  Results for the second quarter of fiscal 2014 included an after-tax charge of approximately $3.0 million ($0.03 per diluted share) incurred in connection with the Company's final... More