Commercial Metals Company Reports Fourth Quarter And Full Year Fiscal 2020 Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. INTC
2. AMZN
3. PINS
4. COIN
5. RDDT
6. FSLR
7. SYK
8. MA
9. FND
10. DASH

Go back to Commercial Metals Company Reports Fourth Quarter And Full Year Fiscal 2020 Results

Commercial Metals (CMC) Misses Q4 EPS by 3c, Revenues Miss

October 15, 2020 6:48 AM EDT

Commercial Metals (NYSE: CMC) reported Q4 EPS of $0.56, $0.03 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.37 billion.

Fourth quarter GAAP Earnings from Continuing Operations increased 5.6% sequentially, Adjusted Earnings from Continuing Operations increased 35%Fourth quarter Core EBITDA rose 14% sequentially. Fiscal year 2020 Core EBITDA increased 30% year-over-yearFourth quarter North America segment Adjusted EBITDA increased 9% sequentially, driven by higher shipments of finished product and strong cost management throughout the vertically integrated value chainGenerated full year Cash from Operations of $791.2 million

Barbara R.... More