Earnings Preview: Commercial Metals
Portfolio Pulse from Benzinga Insights
Commercial Metals (NYSE:CMC) is set to release its quarterly earnings report on October 12, 2023. Analysts estimate an EPS of $1.84. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $48.82, up 17.24% over the last 52-week period.
October 11, 2023 | 2:00 pm
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Commercial Metals is expected to report an EPS of $1.84 in its upcoming earnings. The stock has seen a 17.24% increase over the last year.
The upcoming earnings report is a significant event for Commercial Metals. However, the company's past performance shows that earnings beats or misses do not consistently impact the stock price. Therefore, the short-term impact on the stock is uncertain.
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