Commercial Metals Q1 Adj. EPS $1.84 Beats $1.56 Estimate, Sales $2.120B Beat $2.057B Estimate

Commercial Metals (NYSE:CMC) reported quarterly earnings of $1.84 per share which beat the analyst consensus estimate of $1.56 by 18.18 percent. This is a 135.9 percent increase over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of $2.120 billion which beat the analyst consensus estimate of $2.057 billion by 3.05 percent. This is a 10.99 percent increase over sales of $1.910 billion the same period last year.