Commercial Metals (CMC) Tops Q3 EPS by 10c

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Commercial Metals Company Reports Third Quarter Earnings Per Share Of $0.49, Earnings Per Share From Continuing Operations Of $0.58, And Announces Quarterly Dividend Of $0.12 Per Share

June 25, 2015 7:00 AM EDT

IRVING, Texas, June 25, 2015 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its third quarter ended May 31, 2015. Net earnings attributable to CMC for the three months ended May 31, 2015 were $56.7 million ($0.49 per diluted share) on net sales of $1.5 billion. This compares to net earnings attributable to CMC of $23.6 million ($0.20 per diluted share) on net sales of $1.7 billion for the third quarter ended May 31, 2014.

Earnings from continuing operations for the third quarter of fiscal 2015 were $67.1 million ($0.58 per diluted share), compared with earnings from continuing operations of $24.5 million ($0.21 per diluted... More