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Commercial Metals Co  (CMC)
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    Sector  Basic Materials    Industry Iron & Steel


Strong Eps Underlines Double Digits Sales Growth

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Commercial Metals Co announced second quarter 2017 operating income of $52.071 millions

For the second quarter 2017 earnings per share more than doubled by 188.89 % to $0.26 per share, followed by Sales increase of 12.74 % to $1.15 billions, compared with the prior year period.

From first quarter 2016, eps more than doubled by 420 % from $0.05 per share and Sales increased by 6.94 % from $1.08 billions.

Net income of $30 millions in the second quarter 2017 increased by 188.82 % from net earnings of $11 millions reported in the second quarter 2017 a year ago. Commercial Metals Co also emphasized it's improving profit margins, where net margin rose to 2.64% in second quarter 2017, and operating margin edged up to 4.53%.

Commercial Metals Co is expected to report next financial results on July 10, 2017.
Other CMC's Earnings Reports

Commercial Metals Co reported first quarter 2016 earnings

Commercial Metals Co reported forth quarter 2016 earnings

Commercial Metals Co reported third quarter 2016 earnings

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