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Commercial Metals (CMC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended May 2025, Commercial Metals (CMC - Free Report) reported revenue of $2.02 billion, down 2.8% over the same period last year. EPS came in at $0.74, compared to $1.02 in the year-ago quarter.
The reported revenue represents a surprise of +0.49% over the Zacks Consensus Estimate of $2.01 billion. With the consensus EPS estimate being $0.85, the EPS surprise was -12.94%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
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: $809 compared to the $951.15 average estimate based on three analysts.
Europe - Steel products metal margin per ton: $293 compared to the $289.43 average estimate based on three analysts.
North America - Average selling price (per ton) - Downstream products: $1,212 compared to the $1,252.19 average estimate based on three analysts.
North America - Average selling price (per ton) - Cost of ferrous scrap utilized per ton: $360 compared to the $353.17 average estimate based on three analysts.
North America - Average selling price (per ton) - Steel products metal margin per ton: $499 versus $495.12 estimated by three analysts on average.
Europe - Steel products (External tons shipped): 359 thousand versus 317.31 thousand estimated by three analysts on average.
Europe - Steel products - Rebar: 88 thousand compared to the 97.15 thousand average estimate based on three analysts.
Europe - Steel products - Merchant and other: 271 thousand versus 220.17 thousand estimated by three analysts on average.
North America - Steel products (tons shipped): 798 thousand versus the three-analyst average estimate of 812.17 thousand.
Net sales from external customers- North America: $1.56 billion versus $1.60 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -6.5% change.
Net sales from external customers- Corporate and Other: $12.65 million versus $13.13 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +30.1% change.
Net sales from external customers- Europe: $247.59 million compared to the $215.88 million average estimate based on three analysts. The reported number represents a change of +18.6% year over year.
Shares of Commercial Metals have returned +5.5% over the past month versus the Zacks S&P 500 composite's +0.5% 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.
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Commercial Metals (CMC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended May 2025, Commercial Metals (CMC - Free Report) reported revenue of $2.02 billion, down 2.8% over the same period last year. EPS came in at $0.74, compared to $1.02 in the year-ago quarter.
The reported revenue represents a surprise of +0.49% over the Zacks Consensus Estimate of $2.01 billion. With the consensus EPS estimate being $0.85, the EPS surprise was -12.94%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
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: $809 compared to the $951.15 average estimate based on three analysts.
- Europe - Steel products metal margin per ton: $293 compared to the $289.43 average estimate based on three analysts.
- North America - Average selling price (per ton) - Downstream products: $1,212 compared to the $1,252.19 average estimate based on three analysts.
- North America - Average selling price (per ton) - Cost of ferrous scrap utilized per ton: $360 compared to the $353.17 average estimate based on three analysts.
- North America - Average selling price (per ton) - Steel products metal margin per ton: $499 versus $495.12 estimated by three analysts on average.
- Europe - Steel products (External tons shipped): 359 thousand versus 317.31 thousand estimated by three analysts on average.
- Europe - Steel products - Rebar: 88 thousand compared to the 97.15 thousand average estimate based on three analysts.
- Europe - Steel products - Merchant and other: 271 thousand versus 220.17 thousand estimated by three analysts on average.
- North America - Steel products (tons shipped): 798 thousand versus the three-analyst average estimate of 812.17 thousand.
- Net sales from external customers- North America: $1.56 billion versus $1.60 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -6.5% change.
- Net sales from external customers- Corporate and Other: $12.65 million versus $13.13 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +30.1% change.
- Net sales from external customers- Europe: $247.59 million compared to the $215.88 million average estimate based on three analysts. The reported number represents a change of +18.6% year over year.
View all Key Company Metrics for Commercial Metals here>>>Shares of Commercial Metals have returned +5.5% over the past month versus the Zacks S&P 500 composite's +0.5% 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.