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Third quarter net earnings of $119.4 million, or $1.02 per diluted share Consolidated core EBITDA of $256.1 million; core EBITDA margin of 12.3% Solid seasonal demand and underlying market fundamentals in North America supported healthy shipment volumes and product margins Stable North American downstream backlog volumes due to robust pipeline of new construction projects Emerging Businesses Group adjusted EBITDA and adjusted EBITDA margin rebounded sharply, reflecting continued strong demand for our high margin construction solutions Europe Steel Group achieved near breakeven results, continuing the trend of improving performance despite a challenging market backdrop IRVING, Texas , June 20, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its fiscal third quarter ended May 31, 2024. Net earnings were $119.4 million, or $1.02 per diluted share, on net sales of $2.1 billion, compared to prior year period net earnings of $234.0 million, o
IRVING, Texas , June 19, 2024 /PRNewswire/ -- Today, June 19, 2024, the board of directors of Commercial Metals Company ("CMC" or the "Company") (NYSE: CMC) declared a regular quarterly cash dividend of $0.18 per share of CMC common stock. CMC's 239th consecutive quarterly dividend will be paid on July 10, 2024, to stockholders of record as of the close of business on July 1, 2024.
Commercial Metals' (CMC) fiscal third-quarter results are likely to reflect strong demand in North America, offset by weak market conditions in Europe.
Commercial Metals (CMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Commercial Metals (CMC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
VANCOUVER, BC / ACCESSWIRE / June 4, 2024 / CMC Metals Ltd. (TSXV:CMB)(FRA:ZM5P)(OTCQB:CMCXF) ("CMC" or the "Company") is pleased to announce that the Company hopes to soon initiate geophysical studies (i.e.
IRVING, Texas , May 30, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), has earned recognition on USA TODAY's list of America's Best Climate Leaders 2024. This prestigious award is presented by USA TODAY and Statista Inc., the world-leading statistics portal and industry ranking provider.
KORFEZ, TURKEY / ACCESSWIRE / May 20, 2024 / FalconX, the cutting-edge decentralized exchange (DEX) built on the high-performance Solana blockchain, is poised to revolutionize the crypto trading landscape. At the core of FalconX is the native FalconX (FALX) token, designed to provide sustainable value and growth for its holders. With a fixed total supply of 10 billion FALX tokens, the platform is set to offer unparalleled features and benefits to the crypto community.Successful Presale and Strong FoundationFalconX recently completed a highly successful presale on PinkSale.finance, raising an impressive 2,167.31 SOL, equivalent to $362.2K. This overwhelming response from the community underscores the trust and excitement surrounding the project.Key Features and CommitmentsFalconX is committed to transparency, security, and user satisfaction. The project boasts several standout features:100% Liquidity Burned: Ensuring the long-term stability and trustworthiness of the platform.CMC & CG F
IRVING, Texas , May 20, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its third quarter earnings release for fiscal 2024, invites you to listen to its conference call that will be broadcast live over the Internet on Thursday, June 20, 2024, at 11:00 a.m. Eastern Time (10:00 a.m.