Commercial Metals (CMC) Tops Q4 EPS by 11c

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Commercial Metals Company Reports Record Fourth Quarter And Full Year Fiscal 2021 Results

October 14, 2021 6:45 AM EDT

IRVING, Texas, Oct. 14, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its fiscal fourth quarter ended August 31, 2021.  Earnings from continuing operations were $152.3 million, or $1.24 per diluted share, on net sales of $2.0 billion, compared to prior year earnings from continuing operations of $67.8 million, or $0.56 per diluted share, on net sales of $1.4 billion.  For the full year, earnings from continuing operations were $412.9 million, or $3.38 per diluted share, compared to $278.3 million, or $2.31 per diluted share in the prior year.

During the fourth quarter of fiscal 2021, the Company recorded a... More