Recap: Commercial Metals Q4 Earnings

Recap: Commercial Metals Q4 Earnings

Commercial Metals CMC reported its Q4 earnings results on Thursday, October 13, 2022 at 06:45 AM.

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

Earnings

Commercial Metals beat estimated earnings by 9.87%, reporting an EPS of $2.45 versus an estimate of $2.23.

Revenue was up $376.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.63 which was followed by a 2.82% increase in the share price the next day.

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

 

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 1.98 1.35 1.22 1.25
EPS Actual 2.61 1.53 1.62 1.26
Revenue Estimate 2.41B 1.93B 2.06B 1.96B
Revenue Actual 2.52B 2.01B 1.98B 2.03B

To track all earnings releases for Commercial Metals visit their earnings calendar here.

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

Posted In: BZI-RecapsEarningsNews