Commercial Metals Q2 Results Top Estimates; Boosts Dividend 14%

Commercial Metals Q3 Adj. EPS Meets Estimates, Revenues Top

Commercial Metals Co. (CMC) on Thursday reported that net earnings for the third quarter declined to $119.44 million or $1.02 per share from $233.97 million or $1.98 per share in the prior-year quarter.

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Commercial Metals Q4 Adj. EPS Misses Estimates

Commercial Metals Co. (CMC) on Thursday reported that net earnings for the fourth quarter declined to $184.17 million or $1.56 per share from $288.63 million or $2.40 per share in the prior-year quarter.

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Commercial Metals Appoints Peter Matt To Succeed Barbara Smith As President

The Board of Directors of Commercial Metals Co. (CMC) announced Thursday that, as part of the Company's succession plan, the Board has appointed Peter Matt as President, effective as of April 1, 2023, succeeding Barbara Smith who will remain Chairman and Chief Executive Officer of the Company.

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Commercial Metals Q1 Results Top Estimates; Boosts Dividend 14%

Commercial Metals Co. (CMC) on Monday reported that net earnings for the first quarter increased to $261.77 million or $2.20 per share from $232.89 million or $1.90 per share in the prior-year quarter.

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Commercial Metals Q4 Results Top Estimates; Boosts Dividend 14%

Commercial Metals Co. (CMC) on Thursday reported that net earnings for the fourth quarter soared to $288.63 million or $2.40 per share from $152.31 million or $1.24 per share in the prior-year quarter.

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Commercial Metals Q3 Results Top Estimates

Commercial Metals Co. (CMC) on Thursday reported that net earnings for the third quarter soared to $312.43 million or $2.54 per share from $130.41 million or $1.07 per share in the prior-year quarter.

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Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders seemed reluctant to make more significant moves amid what is likely to be a quiet week due to the Christmas Day holidays. Optimism about more interest rate cuts by the U.S. Fed next year is aiding market sentiment. Asian markets closed mostly higher on Monday.

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Australian Market Extends Gains In Mid-market

The Australian stock market is extending its gains in mid-market trading on Tuesday, continuing to add to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying a tad above the 8,200 level, with stocks across sectors trading mixed amid a lack of direction ahead of the Christmas holidays.

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EURUSD	1.03972	GBPUSD	1.2534	AUDUSD	0.62348
USDJPY	157.075	USDCAD	1.43812	USDCHF	0.89924