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0.00264924055104201 0.00282585658777811 0.00167785234899327 0.00229600847756968 0.0025609325326739 0.000353232073472201 -0.00176616036736138 -0.00264924055104201
Stock impact report

Commercial Metals Earnings Miss Estimates in Q4, Sales Dip Y/Y [Yahoo! Finance]

Commercial Metals Company (CMC) 
Last commercial metals company earnings: 3/19 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.cmc.com
Company Research Source: Yahoo! Finance
Commercial Metals Company CMC reported adjusted earnings per share (EPS) of 90 cents for fourth-quarter fiscal 2024 (ended Aug. 31, 2024), missing the Zacks Consensus Estimate of 91 cents. The bottom line fell from the prior-year quarter's $1.58. During the fourth quarter of fiscal 2023 , CMC had previously made an adjustment of $16 million for mill operational commissioning costs related to its third micro mill, which was placed into service in the quarter. During its fourth quarter 2024 earnings release, the company stated that periods commencing after Feb. 29, 2024, will no longer include any adjustment for mill operational commissioning costs. Accordingly, Commercial Metals recast adjusted earnings for the prior-year quarter to $1.58. Including the adjustment, it previously stood at $1.69. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Net sales in the reported quarter were around $2 billion compared with the year-ago quarter's $2.21 billion. The re Show less Read more
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