Commercial Metals (NYSE:CMC) reported its Q1 earnings results on Monday, January 10, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Earnings

Commercial Metals beat estimated earnings by 32.79%, reporting an EPS of $1.62 versus an estimate of $1.22, which surprised analysts.

Revenue was up $590.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01, which was followed by a 2.36% increase in the share price the next day.

Here's a look at Commercial Metals's past performance:

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This article was generated by Benzinga's automated content engine and reviewed by an editor.