Commercial Metals (NYSE:CMC) reported its Q3 earnings results on Thursday, June 16, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
Commercial Metals beat estimated earnings by 31.82%, reporting an EPS of $2.61 versus an estimate of $1.98.
Revenue was up $671.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.18 which was followed by a 0.5% increase in the share price the next day.
Here's a look at Commercial Metals's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.35 | 1.22 | 1.25 | 0.83 |
| EPS Actual | 1.53 | 1.62 | 1.26 | 1.04 |
| Revenue Estimate | 1.93B | 2.06B | 1.96B | 1.72B |
| Revenue Actual | 2.01B | 1.98B | 2.03B | 1.84B |
To track all earnings releases for Commercial Metals visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
