Commercial Metals reports Q3 earnings below expectations, but shows improved margins and profitability

From Financial Modeling Prep: 2025-06-23 16:16:00

Commercial Metals (NYSE:CMC) reported Q3 results below expectations, with adjusted earnings at $0.74 per share, missing forecasts of $0.84. Revenue of $2.02 billion fell short of the $2.05 billion estimate. Net income dropped to $83.1 million from $119.4 million last year.

Despite the miss, the North America Steel Group saw improved metal margins, ending the quarter above the $499 per ton average. Emerging Businesses Group showed stronger results, with EBITDA margin at 20.7% year over year. Europe Steel Group returned to profitability.

The company’s “Transform, Advance, Grow” initiative is exceeding targets, expected to deliver over $100 million in annual EBITDA run-rate benefit.



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