Commercial Metals Reports Q3 Revenue Beat at $2.48B, EPS $1.55
CMC sits 35% above its 52-week low of $48.14.
Summary
Commercial Metals reported Q3 2026 revenue of $2.48 billion, exceeding analyst estimates of $2.40 billion, and diluted EPS of $1.55, which missed estimates of $1.72. This follows the company's 10-Q filing today and earlier news on June 25th that already reported the $1.55 EPS. The company saw significant year-over-year growth, with revenue up 22.9% and net income more than doubling, driven by higher steel prices, expanded volumes, and recent acquisitions. This mixed earnings report highlights strong underlying business performance despite the EPS miss against elevated expectations.
At the time of this announcement, CMC was trading at $65.00 on NYSE in the Manufacturing sector, with a market capitalization of approximately $7.2B. The 52-week trading range was $48.14 to $84.87. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.