Commercial Metals (CMC) Misses Q2 EPS by 4c

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Commercial Metals Company Reports Second Quarter Fiscal 2023 Results

March 23, 2023 6:45 AM EDT

Second quarter net earnings of $179.8 million, or $1.51 per diluted shareCore EBITDA of $302.8 millionVolume and value of North America downstream backlog near all-time highsProject bid volumes grew by a double-digit percentage year-over-year, signaling strength in upcoming construction seasonArizona 2 project start-up on target; expected to begin production in the spring of... More