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Commercial Metals (CMC) Earnings Date, Estimates & Call Transcripts

$55.41
-0.43 (-0.77%)
(As of 05/28/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Jun. 20
Before Market Opens
Confirmed
Actual EPS
(Mar. 21)
$0.88 Missed By -$0.05
Consensus EPS
(Mar. 21)
$0.93
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CMC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CMC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Commercial Metals Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20242$1.42$1.85$1.64
Q2 20242$0.66$0.90$0.78
Q3 20242$0.85$1.43$1.14
Q4 20242$0.82$1.36$1.09
FY 20248$3.75$5.54$4.65
Q1 20251$1.36$1.36$1.36
Q2 20251$1.17$1.17$1.17
Q3 20251$1.39$1.39$1.39
Q4 20251$1.42$1.42$1.42
FY 20254$5.34$5.34$5.34
Q1 20261$1.42$1.42$1.42
Q2 20261$1.36$1.36$1.36

CMC Earnings Date and Information

Commercial Metals last released its quarterly earnings results on March 21st, 2024. The basic materials company reported $0.88 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.93 by $0.05. The business had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.80 billion. Its revenue was down 8.4% compared to the same quarter last year. Commercial Metals has generated $5.76 earnings per share over the last year ($5.76 diluted earnings per share) and currently has a price-to-earnings ratio of 9.6. Earnings for Commercial Metals are expected to grow by 7.12% in the coming year, from $5.34 to $5.72 per share. Commercial Metals has confirmed that its next quarterly earnings report will be published on Thursday, June 20th, 2024. Commercial Metals will be holding an earnings conference call on Thursday, June 20th at 11:00 AM Eastern. Interested parties can register for or listen to the call..

Commercial Metals Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
6/20/2024
(Confirmed)
-------  
3/21/2024Q2 2024$0.93$0.88($0.05)$1.03$1.80 billion$1.85 billion      
1/8/2024Q1 2024$1.43$1.63+$0.20$1.77$1.90 billion$2.00 billion
10/12/2023Q3 2023$1.77$1.69($0.08)$1.82$2.15 billion$2.21 billion      
6/22/2023Q3 2023$1.84$2.02+$0.18$2.06$2.32 billion$2.35 billion      
3/23/2023Q2 2023$1.53$1.44($0.09)$1.37$1.94 billion$2.02 billion      
1/9/2023Q1 2023$1.99$2.24+$0.25$2.28$2.16 billion$2.23 billion
10/13/2022Q4 2022$2.23$2.45+$0.22$2.50$2.38 billion$2.41 billion
6/16/2022Q3 2022$2.09$2.61+$0.52$2.68$2.36 billion$2.52 billion      
3/17/2022Q2 2022$1.28$1.53+$0.25($0.06)$1.92 billion$2.01 billion    
1/10/2022Q4 2021$1.30$1.62+$0.32$1.34$2.02 billion$1.98 billion    
10/14/2021Q3 2021$1.27$1.26($0.01)$1.28$2.04 billion$2.03 billion    
6/16/2021Q2 2021$0.83$1.04+$0.21$1.01$1.74 billion$1.85 billion    
3/17/2021Q1 2021$0.61$0.66+$0.05$0.77$1.45 billion$1.46 billion  
1/10/2021Q4 2020$0.53$0.58+$0.05$0.63$1.37 billion$1.20 billion    
10/15/2020Q3 2020$0.57$0.79+$0.22$1.02$1.38 billion$1.22 billion    
6/18/2020Q2 2020$0.37$0.59+$0.22$0.64$1.25 billion$1.34 billion  
3/19/2020Q1 2020$0.50$0.53+$0.03$0.53$1.36 billion$1.34 billion    
1/6/2020Q4 2019$0.54$0.73+$0.19$0.76$1.44 billion$1.38 billion  
10/23/2019Q4$0.70$0.76+$0.06$0.80$1.57 billion$1.54 billion    
6/20/2019Q3$0.63$0.67+$0.04$0.68$1.60 billion$1.61 billion  

Commercial Metals Earnings - Frequently Asked Questions

When is Commercial Metals's earnings date?

Commercial Metals has confirmed that its next quarterly earnings data will be published on Thursday, June 20th, 2024. Learn more on CMC's earnings history.

Did Commercial Metals beat their earnings estimates last quarter?

In the previous quarter, Commercial Metals (NYSE:CMC) missed the analysts' consensus estimate of $0.93 by $0.05 with a reported earnings per share (EPS) of $0.88. Learn more on analysts' earnings estimate vs. CMC's actual earnings.

How can I listen to Commercial Metals's earnings conference call?

The conference call for Commercial Metals's latest earnings report can be listened to online. Listen to Conference Call

How can I read Commercial Metals's conference call transcript?

The conference call transcript for Commercial Metals's latest earnings report can be read online. Read Transcript

How can I view Commercial Metals's earnings report?

Commercial Metals's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Commercial Metals generate each year?

Commercial Metals (NYSE:CMC) has a recorded annual revenue of $8.80 billion.

How much profit does Commercial Metals generate each year?

Commercial Metals (NYSE:CMC) has a recorded net income of $859.76 million. CMC has generated $5.76 earnings per share over the last four quarters.

What is Commercial Metals's price-to-earnings ratio?

Commercial Metals (NYSE:CMC) has a trailing price-to-earnings ratio of 9.62 and a forward price-to-earnings ratio of 10.38.

What is Commercial Metals's EPS forecast for next year?

Commercial Metals's earnings are expected to grow from $5.34 per share to $5.72 per share in the next year, which is a 7.12% increase.


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This page (NYSE:CMC) was last updated on 5/29/2024 by MarketBeat.com Staff

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