Commercial Metals Company (CMC) reported first-quarter net earnings of $177.3 million, or $1.58 per share, compared to a net loss of $175.7 million, or $1.54 per share, a year ago. Excluding charges, first quarter adjusted earnings were $206.2 million, or $1.84 per share, compared to adjusted earnings of $86.9 million, or $0.76 per share, in the prior year period. First quarter net sales were $2.1 billion, compared to $1.9 billion, previous year.
On January 5, 2026, the board of directors declared a quarterly dividend of $0.18 per share of CMC common stock payable to stockholders of record on January 19, 2026.
In pre-market trading on NYSE, Commercial Metals shares are up 2.4 percent to $75.00.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.