BofA Securities Reiterates Buy Rating on Commercial Metals Company (CMC)

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Commercial Metals (CMC) Misses Q3 EPS by 4c, Revenues Beat

June 20, 2024 9:40 AM EDT

Commercial Metals (NYSE: CMC) reported Q3 EPS of $1.02, $0.04 worse than the analyst estimate of $1.06. Revenue for the quarter came in at $2.08 billion versus the consensus estimate of $2.04 billion.

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

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BMO Capital Reiterates Market Perform Rating on Commercial Metals Company (CMC)

June 20, 2024 8:03 AM EDT

BMO Capital analyst Katja Jancic reiterated a Market Perform rating and $60.00 price target on Commercial Metals Company (NYSE: CMC).

The analyst comments "CMC reported Q3/FY24 (March-May) core EBITDA of $256m, vs. our/consensus of $252m/$249m. Versus our estimate the beat can... More

Citi Reiterates Neutral Rating on Commercial Metals Company (CMC)

June 20, 2024 8:03 AM EDT

Citi analyst Alexander Hacking reiterated a Neutral rating and $60.00 price target on Commercial Metals Company (NYSE: CMC).

The analyst comments "CMC reported FQ3 Core EBITDA of $256m vs Citi $238m and Bloomberg consensus $256m. Guidance is for flattish in FQ4,... More

Commercial Metals (CMC) June 50 straddle priced into quarter results

June 20, 2024 5:12 AM EDT

Commercial Metals (NYSE: CMC) June 50 straddle priced for a move of 6.5% into the expected release of quarter results today before the bell.

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