PRNewsWire
25 Jun 2026, 10:45 UTC · 18w ago
CMC Reports Third Quarter of Fiscal 2026 Results
Impact · against what's priced in
CMC shows strong fundamental momentum with a 147.1% increase in adjusted EPS and significant margin expansion in North America. The ability to increase selling prices by $130 per ton while scrap costs rose only $19 per ton demonstrates powerful pricing leverage that offsets slight volume declines.
- CMC+0.70
No priced-in read yet
- In context
The company delivered a massive surge in profitability with adjusted EPS rising 147.1% to $1.73 and core EBITDA margins expanding 440 basis points to 14.2%.
Read from the article alone
Search tags
