CMC Reports Second Quarter 2018 Earnings From Continuing Operations Of $0.08 Per Share; And Adjusted Earnings From Continuing Operations Of $0.26 Per Share

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Go back to CMC Reports Second Quarter 2018 Earnings From Continuing Operations Of $0.08 Per Share; And Adjusted Earnings From Continuing Operations Of $0.26 Per Share

Commercial Metals (CMC) Misses Q2 EPS by 1c

March 22, 2018 6:48 AM EDT

Commercial Metals (NYSE: CMC) reported Q2 EPS of $0.26, $0.01 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.16 billion.

Outlook

Smith continued, "We have positioned CMC to take advantage of the strong market demand we expect for the balance of the year. In the U.S., the... More