Commercial Metals Company (CMC) PT Lowered to $25 at Credit Suisse

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Go back to Commercial Metals Company (CMC) PT Lowered to $25 at Credit Suisse

Commercial Metals (CMC) Tops Q2 EPS by 4c, Revenues Miss

March 19, 2020 6:48 AM EDT

Commercial Metals (NYSE: CMC) reported Q2 EPS of $0.53, $0.04 better than the analyst estimate of $0.49. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.36 billion.

Barbara R. Smith, Chairman of the Board, President and Chief Executive Officer, commented, "Despite winter seasonality and an unusually wet February, the second quarter was strong and demonstrates our Company's enhanced earnings... More

Commercial Metals (CMC) Declares $0.12 Quarterly Dividend; 3.9% Yield

March 18, 2020 10:44 AM EDT

Commercial Metals (NYSE: CMC) declared a quarterly dividend of $0.12 per share, or $0.48 annualized.

The dividend will be payable on April 20, 2020, to stockholders of record on April 6, 2020, with an ex-dividend date of April 3, 2020.

The annual yield on the dividend is 3.9 percent.

For a... More