Commercial Metals (CMC) Reports Q2 Earnings: What Key Metrics Have to Say

For the quarter ended February 2025, Commercial Metals (CMC) reported revenue of $1.75 billion, down 5.1% over the same period last year. EPS came in at $0.26, compared to $0.88 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.77 billion, representing a surprise of -1.04%. The company delivered an EPS surprise of -16.13%, with the consensus EPS estimate being $0.31.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Commercial Metals performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: North America - Average selling price (per ton) - Raw materials: $956 versus $902.77 estimated by two analysts on average. Europe - Steel products metal margin per ton: $275 versus $269.48 estimated by two analysts on average. North America - Average selling price (per ton) - Downstream products: $1,221 versus $1,302.90 estimated by two analysts on average. North America - Average selling price (per ton) - Cost of ferrous scrap utilized per ton: $338 compared to the $350.39 average estimate based on two analysts. North America - Average selling price (per ton) - Steel products metal margin per ton: $476 versus the two-analyst average estimate of $481.74. Europe - Steel products (External tons shipped): 310 thousand versus the two-analyst average estimate of 274.93 thousand. Europe - Steel products - Rebar: 100 thousand versus 76.26 thousand estimated by two analysts on average. Europe - Steel products - Merchant and other: 210 thousand compared to the 198.67 thousand average estimate based on two analysts. North America - Steel products (tons shipped): 746 thousand versus 731.61 thousand estimated by two analysts on average. Net sales from external customers- North America: $1.39 billion versus the two-analyst average estimate of $1.41 billion. The reported number represents a year-over-year change of -6.7%. Net sales from external customers- Corporate and Other: $10.64 million compared to the $17.22 million average estimate based on two analysts. The reported number represents a change of -21.8% year over year. Net sales from external customers- Europe: $198.03 million versus the two-analyst average estimate of $188.39 million. The reported number represents a year-over-year change of +2.9%. View all Key Company Metrics for Commercial Metals here>>>Shares of Commercial Metals have returned -9.3% over the past month versus the Zacks S&P 500 composite's -7.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Commercial Metals Company (CMC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks