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Shares of Commercial Metals (NYSE:CMC) were flat in pre-market trading after the company reported Q4 results.
Earnings per share were up 3.95% over the past year to $0.79, which beat the estimate of $0.60.
Revenue of $1,409,000,000 decreased by 8.68% year over year, which beat the estimate of $1,370,000,000.
Earnings guidance hasn't been issued by the company for now.
Commercial Metals hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Oct 15, 2020
Time: 11:00 AM
Recent Stock Performance
Company's 52-week high was at $24.04
Company's 52-week low was at $10.76
Price action over last quarter: Up 14.68%
Commercial Metals operates steel minimills, steel fabrication plants, and metal recycling facilities in the United States and Poland. The company primarily manufactures rebar and structural steel, which are key product categories for the nonresidential construction sector.
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