Commercial Metals (CMC) Q1 Earnings Meet Estimates
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Commercial Metals (CMC) reported Q1 earnings of $0.78 per share, meeting the Zacks Consensus Estimate but showing a decline from $1.63 per share a year ago.
January 06, 2025 | 2:30 pm
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Commercial Metals reported Q1 earnings of $0.78 per share, matching expectations but down from $1.63 per share last year, indicating a decline in performance.
The earnings report met analyst expectations, which is neutral for the stock price. However, the significant year-over-year decline in earnings per share could be a concern for investors, potentially impacting the stock negatively in the short term.
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