BUZZ-Commercial Metals slips after Q2 profit miss

Commercial Metals Company

Commercial Metals Company

CMC

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** 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