Commercial Metals Company ( (CMC) ) has provided an announcement.
On March 20, 2025, Commercial Metals Company reported its financial results for the second quarter of fiscal year 2025, highlighting net earnings of $25.5 million on net sales of $1.8 billion. The company experienced a 3.3% increase in finished steel shipments in North America due to strong construction demand, while its Europe Steel Group achieved breakeven adjusted EBITDA through effective cost management. Despite a decrease in adjusted EBITDA for the North America Steel Group, the company anticipates improved profitability in the upcoming quarters, driven by infrastructure spending and strategic initiatives like the Transform, Advance, and Grow program.
More about Commercial Metals Company
Commercial Metals Company operates in the steel industry, focusing on producing finished steel products and providing related services primarily in North America and Europe. The company is involved in construction and infrastructure projects, leveraging its proprietary corrosion-resistant solutions and maintaining a strong presence in the steel market.
YTD Price Performance: -5.20%
Average Trading Volume: 1,120,852
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $5.27B
Find detailed analytics on CMC stock on TipRanks’ Stock Analysis page.