Commercial Metals Company Reports Fourth Quarter And Full Year Fiscal 2019 Results

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Commercial Metals (CMC) Tops Q4 EPS by 6c

October 23, 2019 6:50 AM EDT

Commercial Metals (NYSE: CMC) reported Q4 EPS of $0.76, $0.06 better than the analyst estimate of $0.70.

Fourth quarter and full year net sales increased by 18% and 26%, respectivelyIndebtedness reduced by $124.5 million during the fourth quarterAmericas Mills segment metal margin increased $13 per ton to $399 per ton in the fourth quarter and increased $73 per ton for the full yearEarnings from continuing operations increased... More