Commercial Metals Company Reports Second Quarter Fiscal 2017 Earnings Per Share Of $0.26

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Commercial Metals (CMC) Tops Q2 EPS by 16c

March 23, 2017 6:47 AM EDT

Commercial Metals (NYSE: CMC) reported Q2 EPS of $0.26, $0.16 better than the analyst estimate of $0.10. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.13 billion.

Results for the second quarter of fiscal 2016 included an after-tax impact of debt extinguishment costs of $7.4 million ($0.06 per diluted share) associated with the tender offers... More