Commercial Metals posts transcript of fiscal 2026 second-quarter earnings call
Commercial Metals Company
Commercial Metals Company CMC | 0.00 |
- Commercial Metals held fiscal 2026 second-quarter earnings call March 26 with President and CEO Peter Matt, CFO Paul Lawrence.
- Net earnings came in at $93 million, or $0.83 per share; adjusted earnings were $130.1 million, or $1.16 per share.
- Core EBITDA rose to $297.5 million; management estimated winter storms cut North America Steel adjusted EBITDA by $5 million-$10 million.
- Construction Solutions benefited from newly acquired precast platform, which contributed $33.6 million of segment adjusted EBITDA; full-year precast EBITDA outlook held at $165 million-$175 million.
- Management guided third-quarter core EBITDA to rise meaningfully, flagged $15 million-$20 million of added costs from planned North America maintenance outages; West Virginia micro mill start-up targeted for June 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Commercial Metals Company published the original content used to generate this news brief on April 07, 2026, and is solely responsible for the information contained therein.
