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Commercial Metals Exceeds Market Expectations for Fiscal Q4 Net Income and Revenue

Associated Press +2 ·

CMC
CMC Commercial Metals Co
$65.29 +0.80%
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  1. 1Commercial Metals Co. reported fiscal fourth-quarter net income of $212.5 million.
  2. 2Commercial Metals Co. reported adjusted earnings per share of $2.09 for the fiscal fourth quarter, adjusting for one-time gains and expenses.
  3. 3Revenue for Commercial Metals Co. during the period totaled $2.66 billion.

So what's the key point?

Commercial Metals Co. earned more money than experts expected. The company reported strong results with revenue reaching $2.66 billion.

Source Associated Press +2 · View original ↗

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