Commercial Metals (CMC) Misses Q2 EPS by 1c

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Go back to Commercial Metals (CMC) Misses Q2 EPS by 1c

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

March 22, 2018 6:45 AM EDT

IRVING, Texas, March 22, 2018 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its second fiscal quarter ended February 28, 2018.  Earnings from continuing operations were $9.8 million ($0.08 per diluted share) for the second quarter of 2018, on net sales of $1.1 billion, and adjusted earnings from continuing operations of $31.0 million ($0.26 per diluted share) as detailed in the Non-GAAP reconciliation on page 12.  This compares to earnings from continuing operations and adjusted earnings from continuing operations of $23.0 million ($0.20 per diluted share), on net sales of $0.9 billion for the second quarter of 2017. For the six months ended February 28, 2018,... More