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Commercial Metals Company's earnings hit record high

US company Commercial Metals Company's earnings reached a record high in the first quarter of fiscal 2022.

Commercial Metals Company's earnings hit record high

Commercial Metals Company (CMC) announced its financial results for the first quarter of fiscal 2022, ending November 30, 2021. The company's earnings reached a record high.

CMC's quarterly earnings came in at USD 232.9 million, earnings per share (EPS) at USD 1.90 and core EBITDA at USD 326.8 million.

The company's sales reached USD 1,982 million

In this period, the company's sales increased year-on-year to USD 1,982 million.

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