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.
