IRVING, Texas, June 19, 2024 /PRNewswire/ -- Today, June 19, 2024, the board of directors of Commercial Metals Company ("CMC" or the "Company") (NYSE: CMC) declared a regular quarterly cash dividend of $0.18 per share of CMC common stock. CMC's 239th consecutive quarterly dividend will be paid on July 10, 2024, to stockholders of record as of the close of business on July 1, 2024. About CMC CMC is an innovative solutions provider helping build a stronger, safer and more sustainable world. Through an extensi ...

Q2 Performance Our model expects the North America Steel Group segment to generate $1.6 billion in revenues in the fiscal third quarter, indicating a year-over-year dip of 12.1%. The estimate for the segment's adjusted EBITDA is pegged at $224 million. The estimate for Europe Steel Group segment's revenues is pegged at $239 million, indicating a 27.8% yearover-year decline . Our model expects the segment's adjusted EBITDA to be a negative $0.1 million. You can uncover the best stocks before they are reporte ...

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on June 20. On the other hand, if they miss, the stock may move lower. Estimate Revisions Trend On the other hand, the stock currently carries a Zacks Rank of #3. Does Earnings Surprise History Hold Any Clue? Over the last four quarters, the company has beaten consensus EPS estimates three times. Commercial Metals doesn't appear a compelling earnings-beat candidate. However, in ...

Commercial Metals (CMC) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The power ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuat ...

IRVING, Texas, May 30, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), has earned recognition on USA TODAY's list of America's Best Climate Leaders 2024. This prestigious award is presented by USA TODAY and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on May 30th, 2024, and can be viewed on usatoday.com. The America's Best Climate Leaders 2024 award is presented to U.S. based companies with an exemplary environmental record and p ...

IRVING, Texas, May 20, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its third quarter earnings release for fiscal 2024, invites you to listen to its conference call that will be broadcast live over the Internet on Thursday, June 20, 2024, at 11:00 a.m. Eastern Time (10:00 a.m. Central) with Peter Matt, President and CEO, and Paul Lawrence, Senior Vice President & CFO. The teleconference will also be available via webcast. To access the webcast (in listen-only mode), please ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------------|--------------------------|----------|-----------------------------|------------------|----------------|--------------------------------------|-------|-----------------------| | Gain (Loss) on Derivatives Not Designated as Hedging Instruments (in thousands) | Primary Location | February | Three Months \n29, 2024 | Ended \nFebruary | \n 28, 2023 | Six Mo ...

Commercial Metals Company (CMC) reported adjusted earnings per share (EPS) of 88 cents in second-quarter fiscal 2024 (ended Feb 29, 2024), beating the Zacks Consensus Estimate of 70 cents. The bottom line declined 39% year over year.Including one-time items, the company reported EPS of 73 cents in the fiscal second quarter compared with the year-ago quarter’s record $1.51.Net sales in the reported quarter were $1.85 billion compared with the year-ago quarter’s $2.02 billion. The reported figure surpassed th ...

Commercial Metals Company (NYSE:CMC) Q2 2024 Earnings Conference Call March 21, 2024 11:00 AM ET Company Participants Peter Matt - President and CEO Paul Lawrence - SVP and CFO Conference Call Participants Timna Tanners - Wolfe Research Katja Jancic - BMO Capital Markets Tristan Gresser - BNP Paribas Phil Gibbs - KeyBanc Capital Markets Operator Hello, and welcome, everyone, to the Second Quarter Fiscal 2024 Earnings Call for CMC. Joining me today are Peter Matt, CMC's President and Chief Executive Officer; ...