Recap: Commercial Metals Q1 Earnings




 

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:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 1.25 0.83 0.59 0.54
EPS Actual 1.26 1.04 0.66 0.58
Revenue Estimate 1.96B 1.72B 1.46B 1.34B
Revenue Actual 2.03B 1.84B 1.46B 1.39B

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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





Source link

Leave a Reply

Your email address will not be published.

Copyright © 2022 Billionaire Club Co LLC. All rights reserved

Chat
Loading the chat ...