Commercial Metals Company (NYSE:CMC) will release its fourth-quarter earnings report before the opening bell on Thursday, Oct. 15.
Analysts expect the Irving, Texas-based company to report quarterly earnings of $1.98 per share, up from $1.37 per share in the year-ago period. The consensus estimate for CMC’s quarterly revenue is $2.56 billion. It reported $2.11 billion last year, according to Benzinga Pro.
On Aug. 5, CMC raised its share repurchase program by $600 million.
Commercial Metals shares rose 1% to close at $62.72 on Thursday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying CMC stock? Here’s what analysts think:
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