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United States

Commercial Metals Co (CMC)

CMC on New York Consolidated

18.10USD
24 Mar 2017
Change (% chg)

$-0.80 (-4.23%)
Prev Close
$18.90
Open
$18.72
Day's High
$18.90
Day's Low
$18.02
Volume
3,115,513
Avg. Vol
2,194,879
52-wk High
$24.64
52-wk Low
$14.57

Latest Key Developments (Source: Significant Developments)

Commercial Metals Q2 earnings per share $0.26
Thursday, 23 Mar 2017 06:45am EDT 

Commercial Metals Co : Commercial Metals company reports second quarter fiscal 2017 earnings per share of $0.26 . Q2 earnings per share $0.26 . Q2 sales $1.1 billion versus I/B/E/S view $1.13 billion . Q2 earnings per share view $0.10 -- Thomson Reuters I/B/E/S . On March 22, 2017, board of directors of CMC declared a quarterly dividend of $0.12 per share . Commercial Metals- "anticipate that our shipment levels will continue to grow in our Q3" .Commercial Metals-anticipate further pressure on margins as imports continue to make it difficult to increase selling prices for products in line with scrap cost increases.  Full Article

Commercial Metals announces production of steel fence posts at its micro mill in Durant, Oklahoma
Thursday, 2 Feb 2017 06:45am EST 

Commercial Metals Co :Commercial Metals Co - will construct automated steel fence post manufacturing facility on site of micro mill in Durant, Oklahoma.  Full Article

Owen Steel to acquire recycling facilities from Omnisource Corp
Tuesday, 10 Jan 2017 06:00pm EST 

Commercial Metals Co - : Commercial Metals Company subsidiary, Owen Steel Company of South Carolina, acquires certain recycling facilities from Omnisource Corporation .Expect to realize synergies with existing operations in south carolina from deal.  Full Article

Commercial Metals Co says it will introduce spooled rebar in the United States
Monday, 9 Jan 2017 06:45am EST 

Commercial Metals Co : Commercial Metals Co - will soon become a producer of hot-rolled, spooled rebar in United States .Commercial Metals Co - CMC plans to begin production at its new micro mill in durant, Oklahoma in fall of 2017.  Full Article

Commercial Metals Company reports Q1 earnings per share $0.05
Monday, 9 Jan 2017 06:40am EST 

Commercial Metals Co - : Commercial Metals Company reports first quarter earnings from continuing operations per share of $0.06 . Q1 earnings per share $0.06 from continuing operations . Q1 sales $1.1 billion versus I/B/E/S view $1.11 billion . Q1 earnings per share view $0.16 -- Thomson Reuters I/B/E/S . Q1 earnings per share $0.05 . Several indicators point to potential improvements in market conditions during our fiscal 2017 . Commercial Metals - Change in political leadership after U.S. Elections may result in more favorable business conditions in "medium and long terms" . Ferrous scrap pricing improved during November and December .Commercial Metals - potential changes in regulatory environment related to trade, taxes, infrastructure spending "may bode well for domestic steel industry".  Full Article

Commercial Metals Co Q3 EPS $0.30 from continuing operations
Thursday, 23 Jun 2016 06:45am EDT 

Commercial Metals Co : Sets quarterly dividend of $0.12per share . "we expect results of our fiscal q4 to remain strong" . Commercial metals company reports third quarter earnings per share from continuing operations of $0.30 and net earnings per share of $0.17 . Q3 earnings per share $0.30 from continuing operations . Q3 earnings per share view $0.25 -- Thomson Reuters I/B/E/S . Q3 sales $1.2 billion versus i/b/e/s view $1.15 billion .Q3 earnings per share $0.17.  Full Article

Commercial Metals signs agreement for sale of G.A.M. Steel
Friday, 17 Jun 2016 08:30am EDT 

Commercial Metals Company Signs Definitive Agreement For Sale Of G.A.M. Steel Pty. Ltd. And Announces Non : For q3 anticipates recording non-cash impairment charge in range of $14.0 - $16.0 million in its results from discontinued operations . On june 10, australian unit signed definitive asset sale agreement to sell remaining steel distribution assets located in australia .Cash accounting charge for quarter ended may 31, 2016.  Full Article

Commercial Metals Co announces quarterly dividend of $0.12 per share
Thursday, 25 Jun 2015 07:00am EDT 

Commercial Metals Co:Declared quarterly dividend of $0.12 per share for shareholders of record on July 9.Says dividend will be paid on July 23.  Full Article

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BRIEF-Commercial Metals Q2 earnings per share $0.26

* Commercial Metals company reports second quarter fiscal 2017 earnings per share of $0.26