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Commercial Metals (CMC) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

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Commercial Metals (CMC - Free Report) reported $2.66 billion in revenue for the quarter ended August 2026, representing a year-over-year increase of 25.7%. EPS of $2.09 for the same period compares to $1.37 a year ago.

The reported revenue represents a surprise of +8.69% over the Zacks Consensus Estimate of $2.45 billion. With the consensus EPS estimate being $1.97, the EPS surprise was +6.09%.

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) - Cost of raw materials per ton: $754.00 versus the three-analyst average estimate of $709.81.
  • Europe - Steel products (External tons shipped): 377 thousand compared to the 398.42 thousand average estimate based on three analysts.
  • North America - Steel products - Rebar: 507 thousand compared to the 524.07 thousand average estimate based on three analysts.
  • North America - Steel products - Merchant and other: 311 thousand compared to the 256.05 thousand average estimate based on three analysts.
  • North America - Steel products (tons shipped): 818 thousand versus the three-analyst average estimate of 780.11 thousand.
  • North America - Downstream products: 397 thousand compared to the 381.95 thousand average estimate based on three analysts.
  • Europe - Steel products - Rebar: 106 thousand compared to the 125.58 thousand average estimate based on three analysts.
  • Europe - Steel products - Merchant and other: 271 thousand compared to the 272.85 thousand average estimate based on three analysts.
  • Net sales from external customers- North America: $1.94 billion versus $1.75 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +20% change.
  • Net sales from external customers- Corporate and Other: $6.33 million compared to the $10.36 million average estimate based on three analysts. The reported number represents a change of -52.7% year over year.
  • Net sales to external customers- Construction Solutions Group: $431.38 million compared to the $399.07 million average estimate based on three analysts. The reported number represents a change of +94.5% year over year.
  • Net sales from external customers- Europe: $281.22 million compared to the $290.98 million average estimate based on three analysts. The reported number represents a change of +6.8% year over year.

View all Key Company Metrics for Commercial Metals here>>>

Shares of Commercial Metals have returned -0.8% over the past month versus the Zacks S&P 500 composite's +1.4% 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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