Commercial Metals Company Reports Second Quarter Fiscal 2020 Results

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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