Commercial Metals Q2 Results Top Estimates; Boosts Dividend 14%

Commercial Metals Q3 Adj. EPS Meets Estimates, Revenues Top

Commercial Metals Co. (CMC) on Thursday reported that net earnings for the third quarter declined to $119.44 million or $1.02 per share from $233.97 million or $1.98 per share in the prior-year quarter.

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Commercial Metals Q4 Adj. EPS Misses Estimates

Commercial Metals Co. (CMC) on Thursday reported that net earnings for the fourth quarter declined to $184.17 million or $1.56 per share from $288.63 million or $2.40 per share in the prior-year quarter.

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Commercial Metals Appoints Peter Matt To Succeed Barbara Smith As President

The Board of Directors of Commercial Metals Co. (CMC) announced Thursday that, as part of the Company's succession plan, the Board has appointed Peter Matt as President, effective as of April 1, 2023, succeeding Barbara Smith who will remain Chairman and Chief Executive Officer of the Company.

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Commercial Metals Q1 Results Top Estimates; Boosts Dividend 14%

Commercial Metals Co. (CMC) on Monday reported that net earnings for the first quarter increased to $261.77 million or $2.20 per share from $232.89 million or $1.90 per share in the prior-year quarter.

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Commercial Metals Q4 Results Top Estimates; Boosts Dividend 14%

Commercial Metals Co. (CMC) on Thursday reported that net earnings for the fourth quarter soared to $288.63 million or $2.40 per share from $152.31 million or $1.24 per share in the prior-year quarter.

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Commercial Metals Q3 Results Top Estimates

Commercial Metals Co. (CMC) on Thursday reported that net earnings for the third quarter soared to $312.43 million or $2.54 per share from $130.41 million or $1.07 per share in the prior-year quarter.

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U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.

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Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.

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