Commercial Metals (CMC) Misses Q3 EPS by 10c
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Morgan Stanley Reiterates Equalweight Rating on Commercial Metals Company (CMC)
June 23, 2025 8:27 AM EDTMorgan Stanley analyst Piyush Sood reiterated an Equalweight rating and $53.00 price target on Commercial Metals Company (NYSE: CMC).
The analyst comments "3Q25 Highlights: Revenue of $2,020m was slightly below the Visible Alpha consensus of $2,047m but ahead of our estimate of $2,010m. The company's reported Core EBITDA of $204m missed the consensus of $221m and was below our estimate of $216m. Reported Adj. EPS of $0.74 was below consensus of $0.83 but and our estimate of $0.83. Key Takeaways: i) Cash from operations of $154m was just ahead... More
