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Recap: Commercial Metals Q1 Earnings



 

Industrial Metals (NYSE:CMC) reported its Q1 earnings outcomes on Monday, January 10, 2022 at 06:45 AM.

Here is what buyers have to know in regards to the announcement.

Earnings

Industrial Metals beat estimated earnings by 32.79%, reporting an EPS of $1.62 versus an estimate of $1.22, which shocked analysts.

Income was up $590.00 million from the identical interval final yr.

Previous Earnings Efficiency

Final quarter the corporate beat on EPS by $0.01, which was adopted by a 2.36% improve within the share value the following day.

Here is a have a look at Industrial Metals’s previous efficiency:

 

Quarter This autumn 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 1.25 0.83 0.59 0.54
EPS Precise 1.26 1.04 0.66 0.58
Income Estimate 1.96B 1.72B 1.46B 1.34B
Income Precise 2.03B 1.84B 1.46B 1.39B

To trace all upcoming earnings bulletins, click on to make use of Benzinga Earnings Calendar.

This text was generated by Benzinga’s automated content material engine and reviewed by an editor.

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