BUZZ-Commercial Metals slips after Q2 profit miss
Commercial Metals Company
Commercial Metals Company CMC | 0.00 |
** Shares of steelmaker Commercial Metals CMC.N down 2.5% at $60.85 premarket
** Co posts Q2 adj. EPS of $1.16, below analysts' estimates of $1.30
** Records net after-tax charges of $37.1 million due to acquisition- and litigation-related costs, which weighed on overall earnings
** 8 of 13 analysts rate stock "buy" or higher and 5 "hold"; median PT is $84.25 - data compiled by LSEG
** As of last close, CMC stock down 9.8% YTD, following a 39.5% rise in 2025
