Commercial Metals Company Reports First Quarter Fiscal 2023 Results

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Commercial Metals Company (CMC) PT Raised to $57 at KeyBanc

January 10, 2023 11:25 AM EST

KeyBanc analyst Philip Gibbs raised the price target on Commercial Metals Company (NYSE: CMC) to $57.00 (from $50.00) while maintaining a Overweight rating.

The analyst comments "Following CMC's solid 1Q23 (August) results, which exceeded our near-Street high estimates on better margin/pricing... More

Commercial Metals (CMC) Tops Q1 EPS by 34c

January 9, 2023 6:46 AM EST

Commercial Metals (NYSE: CMC) reported Q1 EPS of $2.24, $0.34 better than the analyst estimate of $1.90. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.15 billion.

For earnings history and earnings-related data on Commercial Metals (CMC) click here.

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