Benzinga | Jun 17, 2021 06:47AM EDT

Commercial Metals Q3 EPS $1.04 Beats $0.83 Estimate, Sales $1.84B Beat $1.72B Estimate

Commercial Metals (NYSE:CMC) reported quarterly earnings of $1.04 per share which beat the analyst consensus estimate of $0.83 by 25.3 percent. This is a 76.27 percent increase over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $1.84 billion which beat the analyst consensus estimate of $1.72 billion by 7.27 percent. This is a 37.48 percent increase over sales of $1.34 billion the same period last year.