Adjusted earnings reached $1.73 a share, edging past the $1.70 consensus estimate from FactSet analysts. Revenue climbed 3% to $2.48 billion, surpassing the projected $2.4 billion. This financial growth was anchored by the company's construction products division, where sales hit $394.6 million following the integration of Foley Products Company and CP&P.
Within the North American steel group, the company offset a dip in total shipment volumes through higher average selling prices. The European segment mirrored this trend, recording gains in both volume and pricing. Chief Executive Peter Matt noted that current bookings and backlogs remain at attractive levels, signaling continued demand. Following the announcement, Commercial Metals shares rose 2.4% to $73.





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