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Commercial Metals (NYSE:CMC – Free Report) CEO Barbara Smith sold 50,000 shares of the firm’s stock in a transaction on Tuesday, June 27th. The stock was sold at an average price of $50.65, for a total value of $2,532,500.00. Following the sale, the chief executive officer now directly owns 433,785 shares of the company’s stock, […]
Commercial Metals (NYSE:CMC – Get Rating) – Analysts at KeyCorp lifted their Q3 2023 earnings per share (EPS) estimates for Commercial Metals in a note issued to investors on Tuesday, June 20th. KeyCorp analyst P. Gibbs now expects that the basic materials company will earn $1.76 per share for the quarter, up from their previous […]
Commercial Metals (NYSE:CMC – Get Rating) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Friday. Several other brokerages also recently issued reports on CMC. Bank of America upgraded shares of Commercial Metals from a “neutral” rating to a “buy” rating and raised their […]
Commercial Metals (NYSE:CMC – Get Rating) posted its quarterly earnings results on Thursday. The basic materials company reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.84 by $0.18, MarketWatch Earnings reports. The company had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.32 billion. Commercial Metals had a […]
Carolina Wealth Advisors LLC lowered its stake in shares of Commercial Metals (NYSE:CMC – Get Rating) by 18.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 10,110 shares of the basic materials company’s stock after selling 2,285 shares during the quarter. Carolina Wealth Advisors LLC’s holdings in Commercial Metals were worth $494,000 at […]