Commercial Metals (CMC) Reports In-Line Q3 EPS

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Go back to Commercial Metals (CMC) Reports In-Line Q3 EPS

Commercial Metals Company Reports Third Quarter 2018 Earnings From Continuing Operations Of $0.36 Per Share; And Adjusted Earnings From Continuing Operations Of $0.41 Per Share

June 21, 2018 6:45 AM EDT

IRVING, Texas, June 21, 2018 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its third fiscal quarter ended May 31, 2018.  Earnings from continuing operations were $42.3 million ($0.36 per diluted share) for the third quarter of 2018, on net sales of $1.2 billion. Adjusted earnings from continuing operations were $49.0 million ($0.41 per diluted share) as detailed in the Non-GAAP reconciliation on page 11.  This compares to earnings from continuing operations and adjusted earnings from continuing operations of $31.6 million ($0.27 per diluted share), on net sales of $1.0 billion for the third quarter of 2017. For the nine months ended May 31, 2018, earnings from... More