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Commercial Metals Company (CMC) reported second quarter adjusted earnings per share from continuing operations of $0.66, compared to $0.53, last year. On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.59, for the quarter. Analysts' estimates typically exclude special items.


RTTNews | Mar 18, 2021 07:03AM EDT

07:03 Thursday, March 18, 2021 (RTTNews.com) - Commercial Metals Company (CMC) reported second quarter adjusted earnings per share from continuing operations of $0.66, compared to $0.53, last year. On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.59, for the quarter. Analysts' estimates typically exclude special items.

Second quarter net sales were $1.5 billion, compared to $1.3 billion, previous year. Analysts expected revenue of $1.46 billion, for the quarter.

On March 17, 2021, the board declared a quarterly dividend of $0.12 per share of CMC common stock payable to stockholders of record on March 31, 2021. The dividend will be paid on April 14, 2021.

Read the original article on RTTNews ( https://www.rttnews.com/3178475/commercial-metals-q2-profit-tops-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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