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

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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

BofA Securities Upgrades Commercial Metals Company (CMC) to Buy

March 17, 2020 6:55 AM EDT

BofA Securities upgraded Commercial Metals Company (NYSE: CMC) from Neutral to Buy.

For an analyst ratings summary and ratings history on Commercial Metals Company click here. For more ratings news on Commercial Metals Company click here.

Shares of Commercial Metals Company closed at $12.79 yesterday.

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

March 17, 2020 5:32 AM EDT

Credit Suisse analyst Curt Woodworth lowered the price target on Commercial Metals Company (NYSE: CMC) to $25.00 (from $27.00) while maintaining a Outperform rating.... More