Commercial Metals (CMC) Earnings Date and Reports 2024 (2024)

Earnings Summary

Upcoming
Earnings Date
Jun. 27Estimated

Actual EPS
(Mar. 21)
$0.88 Missed By -$0.05

Consensus EPS
(Mar. 21)
$0.93

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Earnings Per ShareRevenue

CMC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CMC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

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Commercial Metals Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20242$1.42$1.85$1.64
Q2 20242$0.66$0.90$0.78
Q3 20242$0.85$1.43$1.14
Q4 20242$0.82$1.36$1.09
FY 20248$3.75$5.54$4.65
Q1 20251$1.36$1.36$1.36
Q2 20251$1.17$1.17$1.17
Q3 20251$1.39$1.39$1.39
Q4 20251$1.42$1.42$1.42
FY 20254$5.34$5.34$5.34
Q1 20261$1.42$1.42$1.42
Q2 20261$1.36$1.36$1.36

CMC Earnings Date and Information

Commercial Metals last announced its quarterly earnings data on March 21st, 2024. The basic materials company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.93 by $0.05. The business had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.80 billion. Its revenue for the quarter was down 8.4% compared to the same quarter last year. Commercial Metals has generated $5.76 earnings per share over the last year ($5.76 diluted earnings per share) and currently has a price-to-earnings ratio of 9.3. Earnings for Commercial Metals are expected to grow by 7.12% in the coming year, from $5.34 to $5.72 per share. Commercial Metals has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, June 27th, 2024 based off prior year's report dates.

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Commercial Metals Earnings History by Quarter

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DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
6/27/2024
Estimated)
-------
3/21/2024Q2 2024$0.93$0.88($0.05)$1.03$1.80 billion$1.85 billion
1/8/2024Q1 2024$1.43$1.63+$0.20$1.77$1.90 billion$2.00 billion
10/12/2023Q3 2023$1.77$1.69($0.08)$1.82$2.15 billion$2.21 billion
6/22/2023Q3 2023$1.84$2.02+$0.18$2.06$2.32 billion$2.35 billion
3/23/2023Q2 2023$1.53$1.44($0.09)$1.37$1.94 billion$2.02 billion
1/9/2023Q1 2023$1.99$2.24+$0.25$2.28$2.16 billion$2.23 billion

Commercial Metals (CMC) Earnings Date and Reports 2024 (3)

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10/13/2022Q4 2022$2.23$2.45+$0.22$2.50$2.38 billion$2.41 billion
6/16/2022Q3 2022$2.09$2.61+$0.52$2.68$2.36 billion$2.52 billion
3/17/2022Q2 2022$1.28$1.53+$0.25($0.06)$1.92 billion$2.01 billion
1/10/2022Q4 2021$1.30$1.62+$0.32$1.34$2.02 billion$1.98 billion
10/14/2021Q3 2021$1.27$1.26($0.01)$1.28$2.04 billion$2.03 billion
6/16/2021Q2 2021$0.83$1.04+$0.21$1.01$1.74 billion$1.85 billion

Commercial Metals Earnings - Frequently Asked Questions

When is Commercial Metals's earnings date?

Commercial Metals has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, June 27th, 2024 based off last year's report dates. Learn more on CMC's earnings history.

Did Commercial Metals beat their earnings estimates last quarter?

In the previous quarter, Commercial Metals (NYSE:CMC) missed the analysts' consensus estimate of $0.93 by $0.05 with a reported earnings per share (EPS) of $0.88. Learn more on analysts' earnings estimate vs. CMC's actual earnings.

How can I listen to Commercial Metals's earnings conference call?

The conference call for Commercial Metals's latest earnings report can be listened to online. Listen to Conference Call

How can I read Commercial Metals's conference call transcript?

The conference call transcript for Commercial Metals's latest earnings report can be read online. Read Transcript

How can I view Commercial Metals's earnings report?

Commercial Metals's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Commercial Metals generate each year?

Commercial Metals (NYSE:CMC) has a recorded annual revenue of $8.80 billion.

How much profit does Commercial Metals generate each year?

Commercial Metals (NYSE:CMC) has a recorded net income of $859.76 million. CMC has generated $5.76 earnings per share over the last four quarters.

What is Commercial Metals's price-to-earnings ratio?

Commercial Metals (NYSE:CMC) has a trailing price-to-earnings ratio of 9.32 and a forward price-to-earnings ratio of 10.06.

What is Commercial Metals's EPS forecast for next year?

Commercial Metals's earnings are expected to grow from $5.34 per share to $5.72 per share in the next year, which is a 7.12% increase.


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