Commercial Metals (NYSE:CMC) reported its Q2 earnings results on Thursday, March 17, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
Commercial Metals beat estimated earnings by 13.33%, reporting an EPS of $1.53 versus an estimate of $1.35.
Revenue was up $547.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.4 which was followed by a 0.36% increase in the share price the next day.
Here's a look at Commercial Metals's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.22 | 1.25 | 0.83 | 0.59 |
| EPS Actual | 1.62 | 1.26 | 1.04 | 0.66 |
| Revenue Estimate | 2.06B | 1.96B | 1.72B | 1.46B |
| Revenue Actual | 1.98B | 2.03B | 1.84B | 1.46B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
