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What's in Store for Commercial Metals (CMC) in Q3 Earnings?
CMCCMC(CMC) ZACKS·2024-06-17 16:26

Q2 Performance Our model expects the North America Steel Group segment to generate 1.6billioninrevenuesinthefiscalthirdquarter,indicatingayearoveryeardipof12.11.6 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 239million,indicatinga27.8239 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 ...