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CMC - Commercial Metals EPS beats by $0.05 beats on revenue
Commercial Metals Company
Commercial Metals (CMC): FQ1 Non-GAAP EPS of $0.58 beats by $0.05; GAAP EPS of $0.53 misses by $0.01.Revenue of $1.39B (+0.7% Y/Y) beats by $20M.Core EBITDA of $156.6M; achieved lowest mill conversion cost per ton in last two years.Shipment volumes of finished steel products across North America and Europe increased 4% from prior year.Press Release